XML 30 R20.htm IDEA: XBRL DOCUMENT v3.22.1
Income Tax (Tables)
12 Months Ended
Dec. 31, 2021
Income Tax Disclosure [Abstract]  
Schedule of net deferred tax assets
   December 31,   December 31, 
   2021   2020 
Deferred tax assets        
Net operating loss carryforward  $46,204   $19,399 
Startup and organizational costs   450,055    20,012 
Unrealized loss on marketable securities   54    880 
Total deferred tax assets   496,313    40,291 
Valuation allowance   (496,313)   (40,291)
Deferred tax assets, net of allowance  $
   $
 

 

Schedule of income tax provision
   December 31,   December 31, 
   2021   2020 
Federal        
Current  $
   $
 
Deferred   (402,372)   (33,390)
           
State and Local          
Current   
    
 
Deferred   (53,650)   (6,901)
           
Change in valuation allowance   456,022    40,291 
           
Income tax provision  $
   $
 

 

Schedule of a reconciliation of the statutory federal income tax rate to the Company’s effective tax rate
   December 31,
2021
   December 31,
2020
 
         
Statutory federal income tax rate   21.0%   21.0%
State taxes, net of federal tax benefit   2.8    4.3 
Transaction costs allocable to warrant liabilities   0.0    (1.8)
Change in fair value of warrants   (26.8)   (23.0)
Valuation allowance   3.0    (0.5)
Income tax provision   0.0%   0.0%