Summary of basic and diluted loss per common share |
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For the Three Months
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Ended
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March 31,
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2021
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2020
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Common stock subject to possible redemption
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Numerator: Earnings allocable to Common stock subject to possible redemption
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Interest earned on marketable securities held in Trust Account
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$
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—
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$
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634,775
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Unrealized loss on marketable securities held in Trust Account
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—
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—
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Net Income allocable to shares subject to possible redemption
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$
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—
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$
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634,775
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Denominator: Weighted Average Common stock subject to possible redemption
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Basic and diluted weighted average shares outstanding
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22,480,341
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25,070,806
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Basic and diluted net income per share
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$
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—
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$
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0.02
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Non-Redeemable Common Stock
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Numerator: Net Loss minus Net Earnings
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Net Income (loss)
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$
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(1,080,978)
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$
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5,697,071
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Net Income allocable to Common stock subject to possible redemption
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—
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(634,775)
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Non-Redeemable Net Loss
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$
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(1,080,978)
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$
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5,062,296
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Denominator: Weighted Average Non-Redeemable Common Stock
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Basic and diluted weighted average shares outstanding
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11,894,659
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8,194,073
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Basic and diluted net income (loss) per share
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$
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(0.09)
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$
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0.62
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For the Period
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from
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May 24, 2019
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(inception)
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Year Ended
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through
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December 31,
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December 31,
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2020
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2019
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Common stock subject to possible redemption
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Numerator: Earnings allocable to Common stock subject to possible redemption
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Interest earned on marketable securities held in Trust Account
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$
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492,250
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$
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832,225
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Unrealized loss on marketable securities held in Trust Account
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—
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—
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Net Income allocable to shares subject to possible redemption
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$
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492,250
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$
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832,225
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Denominator: Weighted Average Common stock subject to possible redemption
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Basic and diluted weighted average shares outstanding
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24,689,816
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24,387,850
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Basic and diluted net income per share
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$
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0.02
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$
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0.03
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Non-Redeemable Common Stock
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Numerator: Net Loss minus Net Earnings
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Net Income (Loss)
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$
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(20,522,282)
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$
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2,331,442
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Net Income (Loss) allocable to Common stock subject to possible redemption
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(492,250)
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(832,225)
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Non-Redeemable Net Loss
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$
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(21,014,532)
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$
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1,499,217
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Denominator: Weighted Average Non-Redeemable Common Stock
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Basic and diluted weighted average shares outstanding
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9,685,184
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8,025,569
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Basic and diluted net income (loss) per share
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$
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(2.17)
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$
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0.19
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