Annual report pursuant to Section 13 and 15(d)

Restatement of Previously Issued Audited and Unaudited Financial Statements (Details)

v3.21.2
Restatement of Previously Issued Audited and Unaudited Financial Statements (Details) - USD ($)
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
New Accounting Pronouncements or Change in Accounting Principle [Line Items]    
Total assets $ 109,812,830 $ 162,485,391
Total current liabilities 4,501,627 942,126
Deferred underwriting commissions 5,433,750 5,433,750
Warrant liability 45,483,300 10,943,950
Total liabilities 55,418,677 17,447,931
Preferred stock value 0 0
Additional paid-in capital 89,019,318 2,990,157
Retained earnings (accumulated deficit) (34,626,592) 2,009,253
Total Liabilities and Stockholders' Equity 109,812,830 162,485,391
General and administrative expenses 2,470,314 826,307
Franchise tax expense 200,051 200,000
Loss from operations (2,670,365) (1,026,307)
Interest earned on investments and marketable securities 694,319 3,473,997
(Loss) on remeasurement of warrant liability (34,539,350) (931,400)
(Loss) income before income tax expense (36,515,396) 1,516,290
Income tax expense 120,449 675,854
Net cash used in operating activities (806,931) (1,957,116)
Net cash provided by investing activities 52,971,974 1,171,717
Net cash (used in) provided by financing activities (52,257,462) 750,000
Net decrease in cash (92,419) (35,399)
Change in Class A common stock subject to possible redemption (86,029,989) 840,432
Class A ordinary shares, $0.0001 par value; shares subject to possible redemption 0 140,037,451
Common Class A [Member]    
New Accounting Pronouncements or Change in Accounting Principle [Line Items]    
Common stock value $ 1,039 $ 211
Weighted average shares outstanding 14,006,380 15,525,000
Basic and diluted net loss per share $ 0.03 $ 0.17
Common Class B [Member]    
New Accounting Pronouncements or Change in Accounting Principle [Line Items]    
Common stock value $ 388 $ 388
Weighted average shares outstanding 3,881,250 3,881,250
Basic and diluted net loss per share $ (9.54) $ (0.45)
As Previously Reported [Member]    
New Accounting Pronouncements or Change in Accounting Principle [Line Items]    
Total assets $ 109,812,830 $ 162,485,391
Total current liabilities 4,501,627 942,126
Deferred underwriting commissions 5,433,750 5,433,750
Warrant liability 0
Total liabilities 9,935,377 6,503,981
Preferred stock value 0 0
Additional paid-in capital 99,730,418 2,757,412
Retained earnings (accumulated deficit) 145,608 2,242,103
Total stockholders' equity (deficit) 99,877,453 5,000,009
Total Liabilities and Stockholders' Equity 109,812,830 162,485,391
General and administrative expenses 2,470,314 826,307
Franchise tax expense 200,051 200,000
Loss from operations (2,670,365) (1,026,307)
Interest earned on investments and marketable securities 694,319 3,473,997
(Loss) on remeasurement of warrant liability 0 0
(Loss) income before income tax expense (1,976,046) 2,447,690
Income tax expense 120,449 675,854
Net (loss) income (2,096,495) 1,771,836
Net (loss) income (2,096,495) 1,771,836
Adjustments to reconcile net loss to net cash used in operating activities: (822,416) (3,345,423)
Changes in operating assets and liabilities 2,111,980 (383,529)
Net cash used in operating activities (806,931) (1,957,116)
Net cash provided by investing activities 52,971,974 1,171,717
Net cash (used in) provided by financing activities (52,257,462) 750,000
Net decrease in cash (92,419) (35,399)
Change in Class A common stock subject to possible redemption (96,973,939) 1,771,832
Deferred tax liabilities   128,105
Class A ordinary shares, $0.0001 par value; shares subject to possible redemption   150,981,401
As Previously Reported [Member] | Common Class A [Member]    
New Accounting Pronouncements or Change in Accounting Principle [Line Items]    
Common stock value $ 1,039 $ 106
Weighted average shares outstanding 14,006,380 15,525,000
Basic and diluted net loss per share $ 0.03 $ 0.17
As Previously Reported [Member] | Common Class B [Member]    
New Accounting Pronouncements or Change in Accounting Principle [Line Items]    
Common stock value $ 388 $ 388
Weighted average shares outstanding 3,881,250 3,881,250
Basic and diluted net loss per share $ (0.64) $ (0.21)
Revision of Prior Period, Adjustment [Member]    
New Accounting Pronouncements or Change in Accounting Principle [Line Items]    
Total assets $ 0 $ 0
Total current liabilities 0 0
Deferred underwriting commissions 0
Warrant liability 45,483,300 10,943,950
Total liabilities 45,483,300 10,943,950
Preferred stock value 0 0
Additional paid-in capital (10,711,100) 232,745
Retained earnings (accumulated deficit) (34,772,200) (232,850)
Total stockholders' equity (deficit) (45,483,300)
Total Liabilities and Stockholders' Equity
General and administrative expenses 0 0
Franchise tax expense 0 0
Loss from operations 0
Interest earned on investments and marketable securities 0 0
(Loss) on remeasurement of warrant liability (34,539,350) (931,400)
(Loss) income before income tax expense (34,539,350) (931,400)
Income tax expense 0 0
Net (loss) income (34,539,350) (931,400)
Net (loss) income (34,539,350) (931,400)
Adjustments to reconcile net loss to net cash used in operating activities: 34,539,350 931,400
Changes in operating assets and liabilities
Net cash used in operating activities 0 0
Net cash provided by investing activities 0 0
Net cash (used in) provided by financing activities 0 0
Net decrease in cash 0 0
Change in Class A common stock subject to possible redemption 10,944,778 (931,400)
Deferred tax liabilities   0
Class A ordinary shares, $0.0001 par value; shares subject to possible redemption   (10,943,950)
Revision of Prior Period, Adjustment [Member] | Common Class A [Member]    
New Accounting Pronouncements or Change in Accounting Principle [Line Items]    
Common stock value $ 0 $ 105
Weighted average shares outstanding 0 0
Basic and diluted net loss per share
Revision of Prior Period, Adjustment [Member] | Common Class B [Member]    
New Accounting Pronouncements or Change in Accounting Principle [Line Items]    
Common stock value $ 0 $ 0
Weighted average shares outstanding 0 0
Basic and diluted net loss per share $ (8.90) $ (0.24)
As Restated [Member]    
New Accounting Pronouncements or Change in Accounting Principle [Line Items]    
Total assets $ 109,812,830 $ 162,485,391
Total current liabilities 4,501,627 942,126
Deferred underwriting commissions 5,433,750 5,433,750
Warrant liability 45,483,300 10,943,950
Total liabilities 55,418,677 17,447,931
Preferred stock value 0 0
Additional paid-in capital 89,019,318 2,990,157
Retained earnings (accumulated deficit) (34,626,592) 2,009,253
Total stockholders' equity (deficit) 54,394,153 5,000,009
Total Liabilities and Stockholders' Equity 109,812,830 162,485,391
General and administrative expenses 2,470,314 826,307
Franchise tax expense 200,051 200,000
Loss from operations (2,670,365) (1,026,307)
Interest earned on investments and marketable securities 694,319 3,473,997
(Loss) on remeasurement of warrant liability (34,539,350) (931,400)
(Loss) income before income tax expense (36,515,396) 1,516,290
Income tax expense 120,449 675,854
Net (loss) income (36,635,845) 840,436
Net (loss) income (36,635,845) 840,436
Adjustments to reconcile net loss to net cash used in operating activities: 33,716,934 (2,414,023)
Changes in operating assets and liabilities 2,111,980 (383,529)
Net cash used in operating activities (806,931) (1,957,116)
Net cash provided by investing activities 52,971,974 1,171,717
Net cash (used in) provided by financing activities (52,257,462) 750,000
Net decrease in cash (92,419) (35,399)
Change in Class A common stock subject to possible redemption (86,029,161) 840,432
Deferred tax liabilities   128,105
Class A ordinary shares, $0.0001 par value; shares subject to possible redemption   140,037,451
As Restated [Member] | Common Class A [Member]    
New Accounting Pronouncements or Change in Accounting Principle [Line Items]    
Common stock value $ 1,039 $ 211
Weighted average shares outstanding 14,006,380 15,525,000
Basic and diluted net loss per share $ 0.03 $ 0.17
As Restated [Member] | Common Class B [Member]    
New Accounting Pronouncements or Change in Accounting Principle [Line Items]    
Common stock value $ 388 $ 388
Weighted average shares outstanding 3,881,250 3,881,250
Basic and diluted net loss per share $ (9.54) $ (0.45)