General form of registration statement for all companies including face-amount certificate companies

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

v3.21.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
 6 Months Ended
Mar. 31, 2021
USD ($)
Cash Flows From Financing Activities:  
Cash - end of period $ 485,220
Total 485,220
Blade Urban Air Mobility [Member]  
Cash Flows From Operating Activities:  
Net (loss) income (6,582,000)
Adjustments to reconcile net loss to net cash and restricted cash used in operating activities:  
Depreciation and amortization 265,000
Stock-based compensation 3,179,000
Changes in operating assets and liabilities:  
Prepaid expenses and other current assets (1,203,000)
Accounts receivable 20,000
Other non-current assets 71,000
Operating lease assets/liabilities (34,000)
Accounts payable and accrued expenses 3,235,000
Deferred revenue 442,000
Net cash used in operating activities (607,000)
Cash Flows From Investing Activities:  
Purchase of domain name (503,000)
Purchase of property and equipment (86,000)
Net cash provided by (used in) investing activities (589,000)
Cash Flows From Financing Activities:  
Proceeds from the exercise of common stock options 19,000
Deferred recapitalization costs related to the merger (3,173,000)
Net cash provided by financing activities (3,154,000)
Net decrease in cash (4,350,000)
Cash - beginning of period 12,276,000
Cash - end of period 7,926,000
Total 7,926,000
Supplemental cash flow information  
Cash paid for: Interest 0
Cash paid for: Income Taxes 0
Supplemental non-cash investing and financing activities  
Adoption of new leases under ASC 842 entered into during the period $ 12,000