Quarterly report pursuant to Section 13 or 15(d)

Net Loss Per Share (Tables)

v3.21.2
Net Loss Per Share (Tables)
6 Months Ended
Jun. 30, 2021
Earnings Per Share [Abstract]  
Reconciliation of net loss per common share

 

 

 

Three Months Ended
June 30, 2021

 

 

Six Months Ended
June 30, 2021

 

Common stock subject to possible redemption

 

 

 

 

 

 

Numerator: Earnings allocable to Common stock subject to possible redemption

 

 

 

 

 

 

Interest earned on marketable securities held in Trust Account

 

$

6,900

 

 

$

68,810

 

Unrealized gain on marketable securities held in Trust Account

 

 

 

 

 

9,455

 

Net loss allocable to shares subject to possible redemption

 

$

6,900

 

 

$

78,265

 

Denominator: Weighted Average Common stock subject to possible redemption

 

 

 

 

 

 

Basic and diluted weighted average shares outstanding

 

 

14,663,847

 

 

 

17,218,721

 

Basic and diluted net income per share

 

$

 

 

$

 

 

 

 

 

 

 

Non-Redeemable Common Stock

 

 

 

 

 

 

Numerator: Net Loss minus Net Earnings

 

 

 

 

 

 

Net loss

 

$

(118,139,039

)

 

$

(169,492,004

)

Net loss allocable to Common stock subject to possible redemption

 

 

(6,900

)

 

 

(78,265

)

Non-Redeemable Net Loss

 

$

(118,145,939

)

 

$

(169,570,269

)

Denominator: Weighted Average Non-Redeemable Common Stock

 

 

 

 

 

 

Basic and diluted weighted average shares outstanding

 

 

14,086,153

 

 

 

11,531,279

 

Basic and diluted net loss per share

 

$

(8.39

)

 

$

(14.71

)