XML 31 R21.htm IDEA: XBRL DOCUMENT v3.22.0.1
Restatement of Previously Issued Financial Statements (Tables)
12 Months Ended
Jun. 30, 2021
Restatementof Previously Reported Financial Statements Abstract [Abstract]  
Schedule of weighted average shares outstanding and basic and diluted earnings per common share
   Net Loss Per Share 
   As Previously Reported on Form 10-K   Adjustment   As Restated 
Year ended June 30, 2021            
Net income  $(322,270)  $
-
   $(322,270)
Weighted average shares outstanding - Class A   11,484,848    (5,254,711)   6,230,137 
Basic and diluted earnings per share - Class A  $
-
   $(0.04)  $(0.04)
Weighted average shares outstanding - Class B   2,701,370    
-
    2,701,370 
Basic and diluted earnings per share - Class B  $(12.00)  $11.96   $(0.04)

 

Schedule of restatement of the IPO balance sheet [Table Text Block]
8-K - December 15, 2020  As Reported   Adjustment   As Restated 
Total assets  $102,752,833   $
-
   $102,752,833 
Derivative warrant liabilities  $
-
   $6,690,000   $6,690,000 
Total liabilities  $3,830,120   $6,690,000   $10,520,120 
Class A common stock subject to redemption   93,922,703    7,577,297    101,500,000 
Preferred stock, par value $0.0001   
-
    
-
    
-
 
Class A common stock, par value $0.0001   74    (74)   
-
 
Class B common stock, par value $0.0001   288    
-
    288 
Additional paid-in captial   5,140,487    (5,140,487)   
-
 
Accumulated deficit   (140,839)   (9,126,736)   (9,267,575)
Total stockholders’ equity (deficit)  $5,000,010   $(14,267,297)  $(9,267,287)
Total liabilities, Class A common stock subject to redemption and stockholders’ equity (deficit)  $102,752,833   $
-
   $102,752,833 
Class A common stock subject to redemption   9,262,594    746,532    10,000,000 
Class A common stock   737,406    (737,406)   
-