XML 15 R6.htm IDEA: XBRL DOCUMENT v3.21.2
Condensed Consolidated Statements Of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash Flows from Operating Activities:    
Net loss $ (4,204,323) $ (6,460)
Adjustments to reconcile net loss to net cash used in operating activities:    
Change in fair value of warrant liability 3,278,758 197,516
Interest earned on marketable securities held in Trust Account (27,537) (757,577)
Unrealized loss on marketable securities held in Trust Account 2,594
Deferred tax benefit (432) (592)
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets (132,988) 37,870
Accounts payable and accrued expenses 116,998 (16,764)
Income taxes payable (5,883) 3,844
Net cash used in operating activities (975,407) (539,569)
Cash Flows from Investing Activities:    
Cash withdrawn from Trust Account for franchise, income tax payments, and working capital needs 505,408 419,894
Net cash provided by investing activities 505,408 419,894
Cash Flows from Financing Activities:    
Proceeds from promissory note — related party 400,000
Net cash provided by financing activities 400,000
Net Change in Cash (69,999) (119,675)
Cash – Beginning 171,540 362,570
Cash – Ending 101,541 242,895
Supplementary cash flow information:    
Cash paid for income taxes 19,953 41,039
Non-cash investing and financing activities:    
Change in value of common stock subject to possible redemption $ 146,856 $ 512,502