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Less: interest available to be withdrawn for payment of taxes |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