Annual report pursuant to Section 13 and 15(d)

Summary Of Significant Accounting Policies (Tables)

v3.21.1
Summary Of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2020
Accounting Policies [Abstract]  
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):
 
    
Year Ended
December 31,

2020
    
Year Ended

December 31,

2019
 
Class A Common stock subject to possible redemption
                 
Numerator: Earnings allocable to Class A common stock subject to possible redemption
                 
Interest earned on marketable securities held in Trust Account
   $ 1,693,901      $ 681,460  
Unrealized gain (loss) on marketable securities held in Trust Account
     3,255        (6,175
Less: interest available to be withdrawn for payment of taxes
     (272,467      (200,587
             
 
 
 
Net income attributable to Class A common stock subject to possible redemption
  
$
1,424,689
 
  
$
474,698
 
    
 
 
    
 
 
 
Denominator: Weighted Average Class A Common stock subject to possible redemption
                 
Basic and diluted weighted average shares outstanding, Class A common stock subject to possible redemption
  
 
22,578,037
 
  
 
29,584,814
 
    
 
 
    
 
 
 
Basic and diluted net income per share, Class A common stock subject to possible redemption
  
$
0.06
 
  
$
0.02
 
    
 
 
    
 
 
 
                   
Non-Redeemable
Common Stock
                 
Numerator: Net Loss minus Net Earnings
                 
Net Income (loss)
   $ (1,340,521    $ 350,893  
Less: Net income allocable to Class A Common stock subject to possible redemption
     (1,424,689      (474,698
    
 
 
    
 
 
 
Non-Redeemable
Net Loss
  
$
(2,765,210
  
$
(123,805
    
 
 
    
 
 
 
Denominator: Weighted Average
Non-Redeemable
common stock
                 
Basic and diluted weighted average shares outstanding,
Non-redeemable
common stock
  
 
9,458,716
 
  
 
7,591,097
 
    
 
 
    
 
 
 
Basic and diluted net loss per share,
Non-redeemable
common stock
  
$
(0.29
  
$
(0.02