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Condensed Consolidated Statement of Cash Flows - USD ($)
4 Months Ended 5 Months Ended 6 Months Ended 12 Months Ended
Feb. 04, 2021
Dec. 31, 2019
Jun. 30, 2021
Jun. 30, 2021
Jun. 30, 2020
Dec. 31, 2020
Cash Flows from Operating Activities:            
Net loss $ (751)   $ (31,840,315)      
Offering costs associated with derivative warrant liabilities     1,042,104      
Income from investments held in Trust Account     (7,459)      
Change in the fair value of derivative warrant liabilites     15,356,267      
Loss upon issuance of private placement warrants     15,213,332      
Accrued expenses 751          
Prepaid expenses     (153,351)      
Accounts payable     44,029      
Franchise tax payable     84,433      
Net cash used in operating activities   (260,960)      
Cash Flows from Investing Activities            
Cash deposited in Trust Account     (552,000,000)      
Net cash used in investing activities     (552,000,000)      
Cash Flows from Financing Activities:            
Proceeds from note payable to related party     149,000      
Repayment of note payable to related party     (200,000)      
Proceeds received from initial public offering, gross     552,000,000      
Proceeds received from private placement     13,040,000      
Offering costs paid     (11,551,066)      
Net cash provided by financing activities     553,437,934      
Net change in cash   1,176,974      
Cash – beginning of the period        
Cash – end of the period   1,176,974 $ 1,176,974    
Supplemental disclosure of noncash activities:            
Offering costs paid in exchange for issuance of Class B common stock to Sponsor 25,000   25,000      
Offering costs included in accrued expenses $ 4,249   70,000      
Offering costs paid by related party under promissory note     51,000      
Deferred underwriting commissions in connection with the initial public offering     19,320,000      
Initial value of Class A common stock subject to possible redemption     482,750,970      
Change in value of Class A common stock subject to possible redemption     15,536,450      
EQRx, INC. [Member]            
Cash Flows from Operating Activities:            
Net loss   $ (8,508,000)   (61,343,000) $ (15,545,000) $ (249,983,000)
Stock based compensation     1,800,000 70,000 346,000
Depreciation expense     579,000 25,000 338,000
Non-cash lease expense     767,000 219,000 222,000
Change in fair value of convertible promissory notes   3,882,000      
Accrued expenses   1,114,000   2,258,000 245,000 9,851,000
Prepaid expenses and other assets   (67,000)   (11,395,000) (1,004,000) (2,604,000)
Accounts payable   976,000   6,504,000 (160,000) 324,000
Net cash used in operating activities   (2,603,000)   (60,830,000) (16,150,000) (241,506,000)
Cash Flows from Investing Activities            
Purchases of property and equipment   (78,000)   (295,000) (789,000) (2,980,000)
Net cash used in investing activities   (78,000)   (295,000) (789,000) (2,980,000)
Cash Flows from Financing Activities:            
Proceeds from issuance of convertible preferred stock, net of issuance costs     71,256,000 110,233,000 714,534,000
Proceeds from issuance of convertible promissory notes   22,000,000      
Proceeds from issuance of common stock   3,000   345,000 173,000 945,000
Net cash provided by financing activities   22,003,000   71,601,000 110,406,000 715,479,000
Net change in cash   19,322,000   10,476,000 93,467,000 470,993,000
Cash and restricted cash, beginning of period     490,315,000 19,322,000 19,322,000
Cash and restricted cash, end of period   19,322,000 500,791,000 500,791,000 112,789,000 490,315,000
Cash – beginning of the period       489,682,000 18,478,000 18,478,000
Cash – end of the period   18,478,000 $ 500,158,000 500,158,000   489,682,000
Supplemental disclosure of non-cash financing activities            
Issuance costs for convertible preferred stock included in accounts payable and accrued expenses         220,000
Right of use asset obtained in exchange for lease obligation     $ 6,931,000 $ 6,931,000