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INCOME TAX (Tables)
12 Months Ended
Dec. 31, 2021
INCOME TAX [Abstract]  
Deferred Tax Assets

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

   
December 31,
2021
   
December 31,
2020
 
Deferred tax asset (liability)
           
Net operating loss carryforward
 
$
41,951
    $ 8,486  
Business combination expenses
    202,141        
Startup/Organization Expenses
   
665,145
      147,099  
Total deferred tax assets, net
   
909,237
      155,585  
Valuation Allowance
   
(909,237
)
    (155,585 )
Deferred tax liability, net of valuation allowance
 
$
    $  
Income Tax Provision

The income tax provision consists of the following:


   
December 31,
2021
   
December 31,
2020
 
Federal
           
Current
 
$
     $  
Deferred
   
(753,652
)
    (155,585 )
                 
State and Local
               
Current
 

       
Deferred
   
       
Change in valuation allowance
   
753,652
      155,585  
Income tax provision
 
$
     $  
Reconciliation of Federal Income Tax Rate

A reconciliation of the federal income tax rate to the Company’s effective tax rate at December 31, 2021 and 2020 is as follows:

   
December 31,
2021
   
December 31,
2020
 
             
Statutory federal income tax rate
   
21.0
%
    21.0 %
State taxes, net of federal tax benefit
   
0.0
%
    0.0 %
Change in fair value of warrants
   
(27.3
)%
    (19.8 )%
Change in valuation allowance
   
6.3
%
    (1.2 )%
Income tax provision
   
0.0
%
    0.0 %