XML 14 R4.htm IDEA: XBRL DOCUMENT v3.22.2
CONDENSED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
General and administrative expenses $ 207,390 $ 2,682,326 $ 461,396 $ 4,485,869
Franchise tax expense 49,863 49,863 97,634 99,178
Loss from operations (257,253) (2,732,189) (559,030) (4,585,047)
Other income (loss):        
Interest and dividend income 310,505 8,221 333,569 18,790
Decrease in fair value of warrant liabilities 2,513,333 1,277,371 6,555,334 3,910,720
Fair value in excess of cash received for Private Placement Warrants 0 0 0 (2,396,195)
Offering costs related to warrant liabilities 0 0 0 (495,479)
Total other income (loss) 2,823,838 1,285,592 6,888,903 1,037,836
Net income (loss) before provision for income taxes 2,566,585 (1,446,597) 6,329,873 (3,547,211)
Provision for income taxes 5,113 0 5,113 0
Net income (loss) 2,561,472 (1,446,597) 6,324,760 (3,547,211)
Common Class A        
Other income (loss):        
Net income (loss) $ 2,049,178 $ (1,157,278) $ 5,059,808 $ (2,837,769)
Weighted average shares outstanding, basic (in shares) 23,000,000 23,000,000 23,000,000 23,000,000
Weighted average shares outstanding, diluted (in shares) 23,000,000 23,000,000 23,000,000 23,000,000
Basic net income (loss) per share (in usd per share) $ 0.09 $ (0.05) $ 0.22 $ (0.12)
Diluted net income (loss) per share (in usd per share) $ 0.09 $ (0.05) $ 0.22 $ (0.12)
Common Class F        
Other income (loss):        
Net income (loss) $ 512,294 $ (289,319) $ 1,264,952 $ (709,442)
Weighted average shares outstanding, basic (in shares) 5,750,000 5,750,000 5,750,000 5,725,138
Weighted average shares outstanding, diluted (in shares) 5,750,000 5,750,000 5,750,000 5,725,138
Basic net income (loss) per share (in usd per share) $ 0.09 $ (0.05) $ 0.22 $ (0.12)
Diluted net income (loss) per share (in usd per share) $ 0.09 $ (0.05) $ 0.22 $ (0.12)