XML 14 R4.htm IDEA: XBRL DOCUMENT v3.22.0.1
Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
[1]
General and administrative expenses $ 494,342 $ 130,891
Franchise tax expense 200,000 158,000
Loss from operations (694,342) (288,891)
Other income (expense):    
Interest earned on marketable securities held in Trust Account 68,652 40,510
Offering costs associated with warrants recorded as liabilities (379,848)
Fair value adjustment on derivative warrant liabilities 5,660,155 (333,500)
Other income (expense) 5,728,807 (672,838)
Income (loss) before provision for income taxes 5,034,465 (961,729)
Provision for income taxes
Net income (loss) $ 5,034,465 $ (961,729)
Class A Common Stock    
Other income (expense):    
Weighted average shares outstanding (in Shares) 17,500,000 5,994,810
Basic and diluted net income (loss) per share (in Dollars per share) $ 0.23 $ (0.09)
Class B Convertible Common Stock    
Other income (expense):    
Weighted average shares outstanding (in Shares) [2] 4,375,000 4,375,000
Basic and diluted net income (loss) per share (in Dollars per share) $ 0.23 $ (0.09)
[1] For the period from March 18, 2020 (inception) through December 31, 2020.
[2] On August 3, 2020, the Company effected a 1.4-for-1 forward stock split of its issued and outstanding shares of Class B convertible common stock. All shares and associated amounts have been retroactively restated to reflect the forward stock split (see Note 5).