Income Taxes (Tables)

5 Months Ended

12 Months Ended

Dec. 31, 2020

Dec. 31, 2021

Income Tax Disclosure [Abstract]

Schedule of components of income tax expense (benefit)

The income tax provision (benefit) consists of the following:

	December 31, 2020
Current
Federal	$	—
State		—
Deferred
Federal		(40,359)
State		—
Valuation allowance		40,359
Income tax provision	$	—

The income tax provision (benefit) consists of the following:

	December 31, 2021		December 31, 2020
Current
Federal	$	—	$	—
State		—		—
Deferred
Federal		(1,111,168)		(40,359)
State		—		—
Valuation allowance		1,111,168		40,359
Income tax provision	$	—	$	—

Schedule of deferred tax assets and liabilities

The Company’s net deferred tax assets are as follows:

	December 31, 2020
Deferred tax assets:
Net operating loss carryover	$	17,537
Start-up/Organization costs		22,822
Total deferred tax assets		40,359
Valuation allowance		(40,359)
Deferred tax asset, net of allowance	$	—

The Company’s net deferred tax assets are as follows:

	December 31, 2021		December 31, 2020
Deferred tax assets:
Net operating loss carryover	$	5,630	$	17,537
Start-up/Organization costs		1,105,538		22,822
Total deferred tax assets		1,111,168		40,359
Valuation allowance		(1,111,168)		(40,359)
Deferred tax asset, net of allowance	$	—	$	—

Schedule of effective income tax rate reconciliation

A reconciliation of the statutory federal income tax rate (benefit) to the Company’s effective tax rate (benefit) is as follows:

	December 31,2020
Statutory Federal income tax rate	21.0	%
Financing cost - derivative warrant liabilities	(16.72)	%
Change in fair value of derivative warrant
liabilities	(2.92)	%
Change in Valuation Allowance	(1.4)	%
Income Taxes Benefit	0.0	%

A reconciliation of the statutory federal income tax rate (benefit) to the Company’s effective tax rate (benefit) is as follows:

	December 31, 2021		December 31, 2020
Statutory Federal income tax rate	21.0	%	21.0	%
Financing cost - derivative warrant liabilities	0.0	%	(2.92)	%
Change in fair value of derivative warrant liabilities	1.67	%	(16.72)	%
Change in Valuation Allowance	(22.7)	%	(1.4)	%
Income Taxes Expense (Benefit) .	0.0	%	0.0	%