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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2021
Summary of Significant Accounting Policies (Tables) [Line Items]  
Schedule of balance sheet are reconciled

Gross proceeds

 

$

172,500,000

 

Less:

 

 

 

 

Proceeds allocated to Public Warrants

 

 

(5,117,500

)

Issuance costs allocated to Class A common stock

 

 

(3,819,853

)

Plus:

 

 

 

 

Accretion of carrying value to redemption value

 

 

8,937,353

 

Class A common stock subject to possible redemption

 

$

172,500,000

 

Schedule of reconciliation of the numerator and denominator used to compute basic and diluted net loss per share

 

Year Ended
December 31,
2021

Redeemable common stock

 

 

 

 

Net loss attributable to redeemable common stock

 

$

(5,188,428

)

   

 

 

 

Basic and diluted weighted average shares of redeemable common stock

 

 

14,697,945

 

   

 

 

 

Basic and diluted net loss per share of redeemable common stock

 

$

(0.35

)

   

 

 

 

Non-redeemable common stock

 

 

 

 

Net loss attributable to redeemable common stock

 

$

(1,678,733

)

   

 

 

 

Basic and diluted weighted average shares of redeemable common stock

 

 

4,755,569

 

   

 

 

 

Basic and diluted net loss per share of redeemable common stock

 

$

(0.35

)

FaZe Clan Inc. [Member]  
Summary of Significant Accounting Policies (Tables) [Line Items]  
Schedule of estimated useful lives of our fixed assets

 

Computer equipment

 

3 Years

   

Furniture/Fixtures

 

3 Years

   

Vehicles

 

5 Years

   

Leasehold improvements

 

Remaining lease term

Schedule of disaggregates the company’s revenue

     

(in thousands)
Years Ended December 31,

   

2021

 

2020

Brand sponsorships

 

$

24,867

 

$

16,520

Content

 

 

16,068

 

 

12,077

Consumer products

 

 

5,751

 

 

5,560

Esports

 

 

5,847

 

 

2,860

Other

 

 

319

 

 

149

Total revenue

 

$

52,852

 

$

37,166

Schedule of basic and diluted weighted-average shares of common stock outstanding

     

Years Ended December 31,

   

2021

 

2020

Warrants

 

$

292,700

 

$

292,700

Stock options

 

 

8,576,098

 

 

5,340,000

Unvested restricted stock awards

 

 

602,647

 

 

Convertible preferred stock

 

 

3,237,800

 

 

3,237,800

Total potentially dilutive common stock equivalents

 

$

12,709,245

 

$

8,870,500

Schedule of consolidated statement of operations

     

Year Ended
December 31, 2020

   

As previously
reported

 

Revision
adjustments

 


As revised

   

(in thousands)

Revenues

 

$

38,211

 

$

(1,045

)

 

$

37,166

Cost of revenues

 

 

29,117

 

 

(1,045

)

 

 

28,072

Gross profit

 

$

9,094

 

$

 

 

$

9,094

   

 

   

 

 

 

 

 

 
Schedule of financial statements

     

Year Ended
December 31, 2020

   

As previously
reported

 

Revision
adjustments

 


As revised

   

(in thousands)

Brand Sponsorships

 

$

16,520

 

$

 

 

$

16,520

Content

 

 

12,077

 

 

 

 

 

12,077

Consumer Products

 

 

6,605

 

 

(1,045

)

 

 

5,560

Esports

 

 

2,860

 

 

 

 

 

2,860

Other

 

 

149

 

 

 

 

 

149

Total Revenue

 

$

38,211

 

$

(1,045

)

 

 

37,166