Unaudited Condensed Statements of Operations - USD ($) |
3 Months Ended | 9 Months Ended | ||
---|---|---|---|---|
Sep. 30, 2021 |
Sep. 30, 2020 |
Sep. 30, 2021 |
Sep. 30, 2020 |
|
Dividend income | $ 11,525 | $ 55,517 | $ 34,197 | $ 55,517 |
General and administrative expenses | (2,876,849) | (1,444,757) | (11,631,971) | (1,503,418) |
Change in fair value of warrant liability | 1,701,854 | (30,806,877) | 10,934,420 | (30,806,877) |
Income (loss) before income taxes | (1,163,470) | (32,196,117) | (663,354) | (32,254,778) |
Income tax benefit (expense) | 139,446 | 65,998 | 653,013 | 78,260 |
Net income (loss) | $ (1,024,024) | $ (32,130,119) | $ (10,341) | $ (32,176,518) |
Common Class A [Member] | ||||
Weighted average number of shares outstanding | 75,000,000 | 73,369,565 | 75,000,000 | 24,725,275 |
Net income (loss) per common share | $ (0.01) | $ (0.35) | $ 0.00 | $ (0.72) |
Common Class B [Member] | ||||
Weighted average number of shares outstanding | 18,750,000 | 19,407,609 | 18,750,000 | 19,883,242 |
Net income (loss) per common share | $ (0.01) | $ (0.35) | $ 0.00 | $ (0.72) |
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- Definition The amount of net income or loss for the period per each share in instances when basic and diluted earnings per share are the same amount and reported as a single line item on the face of the financial statements. Basic earnings per share is the amount of net income or loss for the period per each share of common stock or unit outstanding during the reporting period. Diluted earnings per share includes the amount of net income or loss for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of expense (income) related to adjustment to fair value of warrant liability. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of dividend income on nonoperating securities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount, after deduction of tax, noncontrolling interests, dividends on preferred stock and participating securities, and addition from assumption of issuance of common shares for dilutive potential common shares; of income (loss) available to common shareholders. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Average number of shares or units issued and outstanding that are used in calculating basic and diluted earnings per share (EPS). No definition available.
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