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UNAUDITED CONDENSED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
General and administrative expenses $ 622,277 $ 676,676 $ 2,051,941 $ 1,495,300
Franchise tax expenses 49,315 49,863 112,476 141,968
Loss from operations (671,592) (726,539) (2,164,417) (1,637,268)
Change in fair value of derivative warrant liabilities 4,600,000 11,640,000 16,450,000 20,800,000
Financing costs—derivative warrant liabilities 0 0 0 (1,410,520)
Income from investments held in Trust account 2,483,071 48,101 3,021,911 84,920
Income before income tax expense 6,411,479 10,961,562 17,307,494 17,837,132
Income tax expense 511,088 0 602,315 0
Net income $ 5,900,391 $ 10,961,562 $ 16,705,179 $ 17,837,132
Class A Common Stock        
Weighted average shares outstanding, basic 55,000,000 55,000,000 55,000,000 41,791,339
Weighted average shares outstanding, diluted 55,000,000 55,000,000 55,000,000 41,791,339
Basic net income per common share $ 0.1 $ 0.19 $ 0.29 $ 0.4
Diluted net income per common share $ 0.1 $ 0.19 $ 0.29 $ 0.4
Class B Common Stock        
Weighted average shares outstanding, basic 2,750,000 2,750,000 2,750,000 2,689,961
Weighted average shares outstanding, diluted 2,750,000 2,750,000 2,750,000 2,750,000
Basic net income per common share $ 0.1 $ 0.19 $ 0.29 $ 0.4
Diluted net income per common share $ 0.1 $ 0.19 $ 0.29 $ 0.4