FAIR VALUE MEASUREMENTS (Q1) (Tables)

3 Months Ended

12 Months Ended

Mar. 31, 2021

Dec. 31, 2020

Assets and Liabilities Measured at Fair Value on Recurring Basis

The following table presents information about the Company’s assets and liabilities that are measured at fair value on a recurring basis at March 31, 2021 and December 31, 2020, and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value:

Description	Level		March 31, 2021		December 31, 2020
Assets:
Marketable securities held in Trust Account		1	$	254,202,898	$	254,187,706

Liabilities:
Warrant Liability – Public Warrants		1		88,000,000		41,000,000
Warrant Liability – Private Warrants		3		53,900,000		22,680,000

The following table presents information about the Company’s assets that are measured at fair value on a recurring basis at December 31, 2020 and December 31, 2019, and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value:

Description	Level		December 31, 2020		December 31, 2019
Assets:
Marketable securities held in Trust Account		1	$	254,187,706	$	251,924,993
Liabilities
Warrant Liability – Public Warrants		1		41,000,000		5,000,000
Warrant Liability – Private Placement Warrants		3		22,680,000		8,260,000

Changes in Fair Value of Warrant Liabilities

The following tables summarize the changes in the fair value of the warrant liabilities:

	Three months ended March 31, 2021
	Public Warrants		Private Warrants		Warrant Liabilities
Fair value, beginning of period	$	41,000,000	$	22,680,000	$	63,680,000
Change in valuation inputs or other assumptions		47,000,000		31,220,000		78,220,000
Fair value, end of period		88,000,000		53,900,000		141,900,000

	Three months ended March 31, 2020
	Public Warrants			Private Warrants			Warrant Liabilities
Fair value, beginning of period	$	5,000,000		$	8,260,000		$	13,260,000
Change in valuation inputs or other assumptions		(125,000	)		(70,000	)		(195,000	)
Fair value, end of period		4,875,000			8,190,000			13,065,000

The following table presents the changes in the fair value of warrant liabilities:

	Private Placement		Public			Warrant Liabilities
Fair value as of June 7, 2019	$	—	$	—		$	—
Initial measurement on August 12, 2019		7,280,000		10,625,000			17,905,000
Change in valuation inputs or other assumptions		980,000		(5,625,000	)		(4,645,000	)
Fair value as of December 31, 2019		8,260,000		5,000,000			13,260,000
Change in valuation inputs or other assumptions		14,420,000		36,000,000			50,420,000
Fair value as of December 31, 2020	$	22,680,000	$	41,000,000		$	63,680,000