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Condensed Consolidated Statement of Changes in Stockholders’ Equity (Deficit) - USD ($)
Class A
Common Stock
Class B
Common Stock
Series A Convertible Preferred Stock
EQRx, INC.
Series B Convertible Preferred Stock
EQRx, INC.
Common Stock
EQRx, INC.
Additional Paid-in Capital
EQRx, INC.
Additional Paid-in Capital
Accumulated Deficit
EQRx, INC.
Accumulated Deficit
EQRx, INC.
Total
Balance at Aug. 25, 2019          
Balance (in Shares) at Aug. 25, 2019                
Issuance of common stock     $ 2,000     2,000  
Issuance of common stock (in Shares)         20,500,000            
Net loss         (8,508,000)   (8,508,000)  
Balance at Dec. 31, 2019     $ 2,000   (8,508,000)   (8,506,000)  
Balance (in Shares) at Dec. 31, 2019     20,500,000            
Issuance of Series A convertible preferred stock, net of issuance costs     $ 136,066,000      
Issuance of Series A convertible preferred stock, net of issuance costs (in Shares)     146,553,139            
Issuance of common stock       $ 1,000     1,000  
Issuance of common stock (in Shares)         12,000,000            
Vesting of restricted common stock       $ 1,000 24,000     25,000  
Vesting of restricted common stock (in Shares)         11,540,622            
Modification of restricted common stock       $ (2,000)     (2,000)  
Modification of restricted common stock (in Shares)         (19,250,000)            
Stock-based compensation           70,000       70,000  
Net loss         (15,545,000)   (15,545,000)  
Balance at Jun. 30, 2020     $ 136,066,000 $ 2,000 94,000   (24,053,000)   (23,957,000)  
Balance (in Shares) at Jun. 30, 2020     146,553,139 24,790,622            
Balance at Dec. 31, 2019     $ 2,000   (8,508,000)   (8,506,000)  
Balance (in Shares) at Dec. 31, 2019     20,500,000            
Issuance of Series A convertible preferred stock, net of issuance costs     $ 243,536,000      
Issuance of Series A convertible preferred stock, net of issuance costs (in Shares)     262,070,014            
Issuance of common stock         $ 1,000     1,000  
Issuance of common stock (in Shares)         12,000,200            
Issuance of Series B convertible preferred stock, net of issuance costs     $ 496,619,000      
Issuance of Series B convertible preferred stock, net of issuance costs (in Shares)     181,261,150            
Vesting of restricted common stock         $ 2,000 69,000     71,000  
Vesting of restricted common stock (in Shares)         19,168,743            
Modification of restricted common stock         $ (2,000)     (2,000)  
Modification of restricted common stock (in Shares)         (19,250,000)            
Stock-based compensation     346,000     346,000  
Net loss       (249,983,000)   (249,983,000)  
Balance at Dec. 31, 2020     $ 243,536,000 $ 496,619,000 $ 3,000 415,000   (258,491,000)   (258,073,000)  
Balance (in Shares) at Dec. 31, 2020     262,070,014 181,261,150 32,418,943            
Issuance of Series B convertible preferred stock, net of issuance costs     $ 71,256,000      
Issuance of Series B convertible preferred stock, net of issuance costs (in Shares)     26,133,332            
Vesting of restricted common stock     $ 1,000 52,000       53,000  
Vesting of restricted common stock (in Shares)         7,042,184            
Stock-based compensation     1,800,000     1,800,000  
Net loss       (61,343,000)   (61,343,000)  
Balance at Jun. 30, 2021 $ 848 $ 1,380 $ 243,536,000 $ 567,875,000 $ 4,000 2,267,000 $ 36,838,090 (319,834,000) $ (31,840,315) (317,563,000) $ 5,000,003
Balance (in Shares) at Jun. 30, 2021 8,478,548 13,800,000 262,070,014 207,394,482 39,461,127            
Balance at Jan. 24, 2021            
Balance (in Shares) at Jan. 24, 2021                  
Issuance of Class B common stock to Sponsor [1],[2] $ 1,380         23,620     25,000
Issuance of Class B common stock to Sponsor (in Shares) [1],[2] 13,800,000                  
Net loss                 (751)   (751)
Balance at Feb. 04, 2021 $ 1,380         23,620   (751)   24,249
Balance (in Shares) at Feb. 04, 2021 13,800,000                  
Balance at Jan. 24, 2021            
Balance (in Shares) at Jan. 24, 2021                  
Issuance of Class B common stock to Sponsor   $ 1,380         23,620     25,000
Issuance of Class B common stock to Sponsor (in Shares)   13,800,000                  
Net loss                 (36,417)   (36,417)
Balance at Mar. 31, 2021   $ 1,380         23,620   (36,417)   (11,417)
Balance (in Shares) at Mar. 31, 2021   13,800,000                  
Sale of units in initial public offering, less fair value of derivative warrant liabilities $ 5,520           533,999,280       534,004,800
Sale of units in initial public offering, less fair value of derivative warrant liabilities (in Shares) 55,200,000                    
Offering costs             (29,974,962)       (29,974,962)
Class A common stock subject to possible redemption $ (4,672)           (467,209,848)       (467,214,520)
Class A common stock subject to possible redemption (in Shares) (46,721,452)                    
Net loss                 (31,803,898)   (31,803,898)
Balance at Jun. 30, 2021 $ 848 $ 1,380 $ 243,536,000 $ 567,875,000 $ 4,000 $ 2,267,000 $ 36,838,090 $ (319,834,000) $ (31,840,315) $ (317,563,000) $ 5,000,003
Balance (in Shares) at Jun. 30, 2021 8,478,548 13,800,000 262,070,014 207,394,482 39,461,127            
[1] The shares and the associated amounts have been retroactively restated to reflect a 1:1.2 stock split of Class B common stock on April 6, 2021, resulting in an aggregate of 13,800,000 shares of Class B common stock outstanding (see Note 5).
[2] This number includes up to 1,800,000 shares of Class B common stock subject to forfeiture by the Sponsor if the over-allotment option is not exercised in full or in part by the underwriters (see Note 5).