XML 18 R7.htm IDEA: XBRL DOCUMENT v3.20.4
CONDENSED STATEMENT OF CASH FLOWS - USD ($)
6 Months Ended
Dec. 31, 2019
Dec. 31, 2020
Cash Flows from Operating Activities:    
Net loss $ (1,000) $ (80,623)
Adjustments to reconcile net loss to net cash used in operating activities:    
Interest earned on marketable securities held in Trust Account 0 (4,841)
Changes in operating assets and liabilities:    
Prepaid expenses 0 (149,919)
Accrued expenses 1,000 20,787
Net cash used in operating activities 0 (214,596)
Cash Flows from Investing Activities:    
Investment of cash in Trust Account 0 (80,090,412)
Net cash used in investing activities 0 (80,090,412)
Cash Flows from Financing Activities:    
Proceeds from sale of Public Shares, net of underwriting discounts paid 0 78,488,602
Proceeds from sale of Private Warrants 0 2,831,809
Proceeds from promissory note - related party 0 175,000
Repayment of promissory note - related party 0 (175,000)
Payments of offering costs 0 (256,690)
Net cash provided by financing activities 0 81,063,721
Net Change in Cash 0 758,713
Cash - Beginning 0 25,000
Cash - Ending 0 783,713
Non-Cash Investing and Financing Activities:    
Initial classification of common stock subject to possible redemption 0 76,087,640
Change in value of common stock subject to possible redemption 0 (80,550)
Offering costs included in accrued offering costs $ 0 $ 151,430