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FY2022
12 months to Dec 31, 2022
|
FY2021
12 months to Dec 31, 2021
|
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|---|---|---|
| Cash Flows from Operating Activities: | ||
| Net income (loss) | ||
| Adjustments to reconcile net income (loss) to net cash used in operating activities: | ||
| Interest income earned on Trust | ||
| Loss on sale of private placement warrants | ||
| Warrant issuance costs | ||
| Gain on settlement of payable | ||
| Unrealized loss/(gain) on change in fair value of warrants | ||
| Change in current assets and current liabilities: | ||
| Prepaid expenses | ||
| Due to related party | ||
| Income tax payable | ||
| Deferred legal fees | ||
| Advances from Sponsor | ||
| Accounts payable and accrued expenses | ||
| Net cash used in operating activities | ||
| Cash Flows from Financing Activities: | ||
| Cash withdrawn from Trust Account to pay franchise and income taxes | ||
| Cash withdrawn from Trust Account in connection with redemption | ||
| Net cash used in investing activities | ||
| Cash Flows from Financing Activities: | ||
| Proceeds from Initial Public Offering, net of underwriters' fees | ||
| Proceeds from private placement | ||
| Proceeds from issuance of found shares | ||
| Advances from Sponsor | ||
| Proceeds from issuance of promissory note related party | ||
| Repayment of promissory note to related party | ||
| Repayment of advances from Sponsor | ||
| Contribution from CEO - Non Redemption Agreements | ||
| Redemptions of common stock | ||
| Net cash provided by financing activities | ||
| Net Change in Cash | ||
| Cash—Beginning | ||
| Cash—Ending | ||
| Supplemental disclosure | ||
| Year-end value of Class A common stock subject to possible redemption | ||
| Initial classification of warrant liability | ||
| Deferred underwriting commissions | ||
| Cash paid for income taxes |
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