|
FY2022
12 months to Dec 31, 2022
|
FY2021
12 months to Dec 31, 2021
|
|
|---|---|---|
| Cash Flows from Operating Activities: | ||
| Net loss | ||
| Adjustments to reconcile net loss to net cash used in operating activities: | ||
| Interest earned on cash and marketable securities held in trust account | ||
| Deferred tax provision | ||
| Changes in operating assets and liabilities: | ||
| Prepaid expenses | ||
| Accrued expenses | ||
| Income taxes payable | ||
| Net cash used in operating activities | ||
| Cash Flows from Investing Activities: | ||
| Investment of cash in trust account | ||
| Cash withdrawn from trust account to pay franchise and income taxes | ||
| Net cash provided by (used in) investing activities | ||
| Cash Flows from Financing Activities: | ||
| Proceeds from issuance of Class B common stock to Sponsor | ||
| Proceeds from sale of Units, net of underwriting discounts paid | ||
| Proceeds from sale of Private Placements Warrants | ||
| Proceeds from promissory note – related party | ||
| Repayment of promissory note – related party | ||
| Proceeds from convertible promissory note - related party | ||
| Payment of offering costs | ||
| Net cash provided by financing activities | ||
| Net Change in Cash | ||
| Cash – Beginning of period | ||
| Cash – End of period | ||
| Non-cash investing and financing activities: | ||
| Offering costs included in accrued offering costs | ||
| Deferred underwriting fee payable | ||
| Accretion for Class A Common Stock to redemption amount |
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