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

CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS

v3.21.2
CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
 5 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2021
Cash flows from operating activities:    
Net loss $ (2,000) $ (11,708,000)
Adjustments to reconcile net loss to net cash used in operating activities:    
Interest income earned on the Trust Account   (29,000)
Changes in the fair value of warrants   3,605,000
Changes in operating assets and liabilities    
Decrease in prepaid expenses and other assets   39,000
Increase in accounts payable   (171,000)
Increase in accounts payable and accrued liabilities 2,000 7,100,000
Increase in accrued income and franchise taxes and rounding   17,000
Net cash used in operating activities   (1,147,000)
Cash flows from financing activities:    
Proceeds from sale of Class B common stock to Sponsor 25,000  
Proceeds from Note payable to Sponsor 25,000  
Payment of offering costs (50,000)  
Net increase (decrease) in cash and cash equivalents   (1,147,000)
Cash and cash equivalents    
Cash and cash equivalents at beginning of period   1,328,000
Cash and cash equivalents at end of period   181,000
Supplemental disclosure of non-cash financing activities:    
Offering costs included in accounts payable and accrued liabilities 123,000  
Change in value of Class A common stock subject to redemption   $ (11,708,000)
Cost paid directly by Sponsor and included in Notes payable to Sponsor $ 3,000