| Summary of earning per share basic and diluted reconciliation |
The following table reflects the calculation of basic and diluted net income (loss) per common share (in dollars, except per share amounts):
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Year Ended
December 31,
2020 |
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Year Ended
December 31,
2019 |
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Class A Common stock subject to possible redemption |
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Numerator: Earnings allocable to Class A common stock subject to possible redemption |
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Interest earned on marketable securities held in Trust Account |
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$ |
1,492,477 |
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$ |
632,256 |
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Unrealized gain (loss) on marketable securities held in Trust Account |
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2,868 |
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(5,729 |
) |
Less: interest available to be withdrawn for payment of taxes |
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(240,068 |
) |
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(186,104 |
) |
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Net income attributable to Class A common stock subject to possible redemption |
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$ |
1,255,278 |
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$ |
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Denominator: Weighted Average Class A Common stock subject to possible redemption |
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Basic and diluted weighted average shares outstanding, Class A common stock subject to possible redemption |
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27,639,376 |
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28,129,383 |
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Basic and diluted net income per share, Class A common stock subject to possible redemption |
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$ |
0.05 |
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$ |
0.02 |
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Non-Redeemable Common Stock |
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Numerator: Net Loss minus Net Earnings |
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$ |
(15,265,396 |
) |
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$ |
(7,209,680 |
) |
Less: Net income allocable to Class A Common stock subject to possible redemption |
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(1,255,278 |
) |
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(440,42 3
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) |
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$ |
(16,520,674 |
) |
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$ |
(7,650,103 |
) |
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Denominator: Weighted Average Non-Redeemable common stock |
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Basic and diluted weighted average shares outstanding, Non-redeemable common stock |
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11,891,874 |
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7,814,396 |
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Basic and diluted net loss per share, Non-redeemable common stock |
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$ |
(1.39 |
) |
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$ |
(0.98 |
) |
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