XML 34 R21.htm IDEA: XBRL DOCUMENT v3.21.2
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
 3 Months Ended 6 Months Ended
Mar. 31, 2021
Dec. 31, 2020
Accounting Policies [Abstract]    
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
The following table reflects the calculation of basic and diluted net income (loss) per common share (in dollars, except per share amounts):
 
    
Three Months

Ended March 31,

2021
 
  
 
Redeemable Class A Common Stock
 
         
 
Numerator: Earnings allocable to Redeemable Class A Common Stock
 
         
 
Interest Income
 
    $
 
 37,387
 
  
 
 
Less: Income and franchise tax
 
     
 
 (37,387
 
 ) 
 
    
 
 
  
 
Redeemable Net Earnings
 
    $
 
 —
 
  
 
 
Denominator: Weighted Average Redeemable Class A Common Stock Redeemable Class A Common Stock, Basic and Diluted
 
     
 
 23,000,000
 
  
 
    
 
 
  
 
Earnings/Basic and Diluted Redeemable Class A Common Stock
 
    $
 
 0.00
 
  
 
    
 
 
  
 
Non-Redeemable
Class B Common Stock
 
         
 
Numerator: Net Income minus Redeemable Net Earnings
 
         
 
Net Income
 
    $
 
 1,517,138
 
  
 
 
Redeemable Net Earnings
 
     
 
 —
 
  
 
    
 
 
  
 
Non-Redeemable
Net Earnings
 
    $
 
 1,517,138
 
  
 
 
Denominator: Weighted Average
Non-Redeemable
Class B Common Stock
 
         
 
Non-Redeemable
Class B Common Stock, Basic and Diluted
 
     
 
 5,750,000
 
  
 
    
 
 
  
 
Income/Basic and Diluted
Non-Redeemable
Class B Common Stock
 
    $
 
 0.26
 
  
 
    
 
 
  
The following table reflects the calculation of basic and diluted net income (loss) per common share (in dollars, except per share amounts):
 
    
For the Period

From

June 23, 2020

(inception)

Through

December 31,

2020
  
Redeemable Class A Common Stock
         
Numerator: Earnings allocable to Redeemable Class A Common Stock
         
Interest Income
    $ 53,249  
Less: Company’s portion available to pay taxes
      (53,249 ) 
    
 
 
  
Net Earnings
    $ —  
Denominator: Weighted Average Redeemable Class A Common Stock
         
Redeemable Class A Common Stock, Basic and Diluted
      23,000,000  
    
 
 
  
Earnings/Basic and Diluted Redeemable Class A Common Stock
    $ —  
    
 
 
  
Non-Redeemable
Class B Common Stock
         
Numerator: Net Income (Loss) minus Redeemable Net Earnings
         
Net Income (Loss)
    $ (8,247,187 ) 
Redeemable Net Earnings
      —  
    
 
 
  
Non-Redeemable
Net Loss
    $ (8,247,187 ) 
Denominator: Weighted Average
Non-Redeemable
Class B Common Stock
         
Non-Redeemable
Class B Common Stock, Basic and Diluted
      5,435,083  
    
 
 
  
Loss/Basic and Diluted
Non-Redeemable
Class B Common Stock
    $ (1.51 )