XML 32 R22.htm IDEA: XBRL DOCUMENT v3.22.1
Income Taxes (Tables)
12 Months Ended
Dec. 31, 2021
Income Tax Disclosure [Abstract]  
Schedule of the income tax (benefit) provision consist
   For the
Year Ended
December 31,
2021
   For the
Period from
September 18,
2020 (inception)
through
December 31,
2020
 
         
Current        
Federal  $
-
   $
-
 
State   
-
    
-
 
Deferred          
Federal   (558,031)   (21,375)
State   
-
    
-
 
Valuation allowance   558,031    21,375 
Income tax provision  $
-
   $
-
 

 

Schedule of the company’s net deferred tax asset
   December 31, 
   2021   2020 
         
Deferred tax assets:        
Start-up/Organization costs  $530,288   $9,437 
Net operating loss carryforwards   49,118    11,938 
Total deferred tax assets   579,406    21,375 
Valuation allowance   (579,406)   (21,375)
Deferred tax asset, net of allowance  $
-
   $
-
 

 

Schedule of federal income tax rate (benefit) to the company’s effective tax rate
   For the
Year Ended
December 31,
2021
   For the
Period from
September 18,
2020
(inception) through
December 31,
2020
 
         
Statutory federal income tax rate   21.0%   21.0%
Change in fair value of derivative warrant liabilities   -25.8%   -13.3%
Loss on issuance of private placement warrants   0.0%   -4.6%
Financing cost - derivative warrant liabilities   0.0%   -2.7%
Change in valuation allowance   4.8%   -0.4%
Effective tax rate   0.0%   0.0%