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

Nature of the Business and Basis of Presentation (Tables)

v3.21.2
Nature of the Business and Basis of Presentation (Tables)
3 Months Ended 12 Months Ended
Mar. 31, 2021
Dec. 31, 2020
Evolv Technologies Holdings Inc [Member]    
Summary of impacts of the error on the consolidated financial statements

The following table reflects the impacts of the error on the consolidated financial statements (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

As of December 31, 2020

    

As of December 31, 2019

 

 

As previously

 

 

 

 

 

 

 

As previously

 

 

 

 

 

 

 

 

reported

    

Adjustment

    

Revised

    

reported

    

Adjustment

    

Revised

Convertible preferred stock

 

$

75,393

 

$

484

 

$

75,877

 

$

72,399

 

$

484

 

$

72,883

Additional paid-in capital

 

$

9,921

 

$

(752)

 

$

9,169

 

$

8,708

 

$

(752)

 

$

7,956

Accumulated deficit

 

$

(94,149)

 

$

268

 

$

(93,881)

 

$

(66,757)

 

$

268

 

$

(66,489)

Stockholders’ deficit

 

$

(84,202)

 

$

(484)

 

$

(84,686)

 

$

(58,026)

 

$

(484)

 

$

(58,510)

 

The following table reflects the impacts of the error on the consolidated financial statements (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of December 31, 2020

 

As of December 31, 2019

 

 

As

 

 

 

 

 

 

 

As

 

 

 

 

 

 

 

 

previously

 

 

 

 

 

 

 

previously

 

 

 

 

 

 

 

    

reported

    

Adjustment

    

As revised

    

reported

    

Adjustment

    

As revised

Convertible preferred stock

 

$

75,393

 

$

484

 

$

75,877

 

$

72,399

 

$

484

 

$

72,883

Additional paid-in capital

 

$

9,921

 

$

(752)

 

$

9,169

 

$

8,708

 

$

(752)

 

$

7,956

Accumulated deficit

 

$

(94,149)

 

$

268

 

$

(93,881)

 

$

(66,757)

 

$

268

 

$

(66,489)

Stockholders’ deficit

 

$

(84,202)

 

$

(484)

 

$

(84,686)

 

$

(58,026)

 

$

(484)

 

$

(58,510)