Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS

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CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
 3 Months Ended 5 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Cash flows from operating activities:      
Net loss $ (7,626,000) $ (2,000) $ (11,708,000)
Adjustments to reconcile net loss to net cash used in operating activities:      
Interest income earned on the Trust Account (10,000)   (29,000)
Change in fair value of warrant liability 959,000   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) provided by 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 decrease in cash     (1,147,000)
Cash and cash equivalents      
Cash at beginning of period     1,328,000
Cash at end of period $ 181,000   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