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

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

v3.21.2
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
3 Months Ended
Mar. 31, 2021
Summary of Significant Accounting Policies  
Schedule of operations includes a presentation of income (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Period 

 

 

 

 

 

From 

 

 

 

 

 

January 24, 

 

 

Three months

 

2020 (date of 

 

 

Ended

 

inception) to 

 

 

March 31, 

 

March 31, 

 

    

2021

    

2020

Net income available to Class A common stockholders:

 

 

  

 

 

  

Interest income

 

$

19,000

 

$

 —

Less: Income and franchise taxes

 

 

(19,000)

 

 

 —

Net income attributable to Class A common stockholders

 

$

 —

 

$

 —

 

 

 

 

 

 

 

Net income available to Class B common stockholders:

 

 

  

 

 

  

Net loss

 

$

(4,082,000)

 

$

(2,000)

Less: amount attributable to Class A common stockholders

 

 

 —

 

 

 —

Net (loss) attributable to Class B common stockholders

 

$

(4,082,000)

 

$

(2,000)