RESTATEMENT OF PREVIOUSLY ISSUED FINANCIAL STATEMENTS (FY) (Tables)

12 Months Ended

Dec. 31, 2020

RESTATEMENT OF PREVIOUSLY ISSUED FINANCIAL STATEMENTS [Abstract]

Effect of Restatement on Financial Statements

The following summarizes the effect of the Restatement on each financial statement line item for each period presented herein and as of the date of the Company’s consummation of its IPO.

	As Previously Reported			Adjustments			As Restated
Balance sheet as of September 17, 2020 (audited)
Warrant Liability	$	—		$	16,290,000		$	16,290,000
Total Liabilities		8,579,943			16,290,000			24,869,943
Class A Common Stock Subject to Possible Redemption		218,646,370			(16,290,000	)		202,384,370
Class A common stock		113			163			276
Additional Paid-in Capital		5,001,136			579,837			5,580,973
Accumulated Deficit		(1,818	)		(580,000	)		(581,818	)
Total Stockholders’ Equity		5,000,006			—			5,000,006
Balance sheet as of September 30, 2020 (unaudited)
Warrant Liability	$	—		$	16,109,000		$	16,109,000
Total Liabilities		8,101,692			16,109,000			24,210,692
Class A Common Stock Subject to Possible Redemption		218,646,030			(16,109,000	)		202,537,030
Class A common stock		114			161			275
Additional Paid-in Capital		5,029,475			398,839			5,428,314
Accumulated deficit		(30,155	)		(399,000	)		(429,155	)
Total Stockholders’ Equity		5,000,009			—			5,000,009
Balance sheet as of December 31, 2020 (audited)
Warrant Liability	$	—		$	23,530,000		$	23,530,000
Total Liabilities		8,365,328			23,530,000			31,895,328
Class A Common Stock Subject to Possible Redemption		218,249,000			(23,530,000	)		194,719,000
Class A Common Stock		118			235			353
Additional Paid-in Capital		5,426,501			7,819,765			13,246,266
Accumulated Deficit		(427,187	)		(7,820,000	)		(8,247,187	)
Total Stockholders’ Equity		5,000,007			—			5,000,007
Statement of operations for the three months ended September 30, 2020 (unaudited)
Change in fair value of warrant liability		—			181,000			181,000
Transaction costs allocated to warrant liability		—			(580,000	)		(580,000	)
Loss before provision for income taxes		(30,155	)		(399,000	)		(429,155	)
Net loss		(30,155	)		(399,000	)		(429,155	)
Basic and diluted net loss per share:
Class B common stock		(0.01	)		(0.06	)		(0.07	)
Statement of operations for the Period from June 23, 2020 (inception) to September 30, 2020 (unaudited)
Change in fair value of warrant liability		—			181,000			181,000
Transaction costs allocated to warrant liability		—			(580,000	)		(580,000	)
Loss before provision for income taxes		(30,155	)		(399,000	)		(429,155	)
Net loss		(30,155	)		(399,000	)		(429,155	)
Basic and diluted net loss per share:
Class B common stock		(0.01	)		(0.06	)		(0.07	)
Statement of operations for the Period from June 23, 2020 (inception) to December 31, 2020 (audited)
Change in fair value of warrant liability		—			(7,240,000	)		(7,240,000	)
Transaction costs allocated to warrant liability		—			(580,000	)		(580,000	)
Net loss		(427,187	)		(7,820,000	)		(8,247,187	)
Basic and diluted net loss per share:
Class B common stock		(0.08	)		(1.43	)		(1.51	)
Cash flow statement for the period from June 23, 2020 (inception) to September 30, 2020 (unaudited)
Net loss		(30,155	)		(399,000	)		(429,155	)
Change in fair value of warrant liability		—			(181,000	)		(181,000	)
Transaction costs allocated to warrant liability		—			580,000			580,000
Net cash used in operating activities		(24,003	)		—			(24,003	)

Cash flow statement for the period from June 23, 2020 (inception) to December 31, 2020 (audited)
Net loss	(427,187	)	(7,820,000	)	(8,247,187	)
Change in fair value of warrant liability	—		7,240,000		7,240,000
Transaction costs allocated to warrant liability	—		580,000		580,000
Net cash used in operating activities	(455,960	)	—		(455,960	)