Quarterly report pursuant to Section 13 or 15(d)

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

v3.22.2.2
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
3 Months Ended
Mar. 31, 2022
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES  
Summary of calculation of basic and diluted net income (loss)

The following table reflects the calculation of basic and diluted net income (loss) per share (in dollars, except per share amounts):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Three Months Ended

 

For the Three Months Ended

 

 

March 31, 2021

 

March 31, 2020

 

    

Class A

    

Class B

    

Class A

    

Class B

Basic and diluted net income (loss) per common stock

 

 

  

 

 

  

 

 

  

 

 

  

Numerator:

 

 

  

 

 

  

 

 

  

 

 

  

Allocation of net income (loss), as adjusted

 

$

33,392,641

 

$

8,348,160

 

$

(7,058,811)

 

$

(1,764,703)

Denominator:

 

 

  

 

 

  

 

 

  

 

 

  

Basic and diluted weighted average shares outstanding

 

 

69,000,000

 

 

17,250,000

 

 

69,000,000

 

 

17,250,000

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic and diluted net income (loss) per common stock

 

$

0.48

 

$

0.48

 

$

(0.10)

 

$

(0.10)