XML 31 R7.htm IDEA: XBRL DOCUMENT v3.21.2
CONDENSED STATEMENT OF CASH FLOWS - USD ($)
3 Months Ended 6 Months Ended 9 Months Ended
Sep. 30, 2020
Mar. 31, 2020
Jun. 30, 2020
Mar. 31, 2021
Cash Flows from Operating Activities:        
Net loss $ (80) $ (1,000) $ (1,000) $ (185,762)
Adjustments to reconcile net loss to net cash used in operating activities:        
Interest earned on marketable securities held in Trust Account   0   (19,593)
Changes in operating assets and liabilities:        
Prepaid expenses   0   (153,348)
Accrued expenses     1,000  
Accounts payable and accrued expenses   1,000   88,320
Net cash used in operating activities (25,080) 0 0 (270,383)
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 common stock   0   78,488,602
Proceeds from sale of Private Warrants   0   2,831,809
Proceeds from promissory note - related party 175,000 0 0 175,000
Repayment of promissory note - related party   0   (175,000)
Payments of offering costs (66,195) 0 0 (256,690)
Net cash provided by financing activities 108,805 25,000 25,000 81,063,721
Net Change in Cash 83,725 25,000 25,000 702,926
Cash - Beginning 25,000 0 0 25,000
Cash - Ending $ 108,725 25,000 25,000 727,926
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   $ (185,690)
Sponsor        
Cash Flows from Financing Activities:        
Proceeds from sale of common stock   $ 25,000 $ 25,000