2021 Q1 Form 10-Q Financial Statement
#000156459021028389 Filed on May 17, 2021
Income Statement
Concept | 2021 Q1 |
---|---|
Revenue | $35.57M |
YoY Change | |
Cost Of Revenue | $25.29M |
YoY Change | |
Gross Profit | $10.28M |
YoY Change | |
Gross Profit Margin | 28.9% |
Selling, General & Admin | $10.11M |
YoY Change | |
% of Gross Profit | 98.39% |
Research & Development | $928.0K |
YoY Change | |
% of Gross Profit | 9.03% |
Depreciation & Amortization | |
YoY Change | |
% of Gross Profit | |
Operating Expenses | $11.04M |
YoY Change | |
Operating Profit | -$762.0K |
YoY Change | |
Interest Expense | $1.860M |
YoY Change | |
% of Operating Profit | |
Other Income/Expense, Net | -$22.12K |
YoY Change | |
Pretax Income | -$2.621M |
YoY Change | |
Income Tax | -$184.0K |
% Of Pretax Income | |
Net Earnings | -$2.437M |
YoY Change | |
Net Earnings / Revenue | -6.85% |
Basic Earnings Per Share | -$0.02 |
Diluted Earnings Per Share | -$0.02 |
COMMON SHARES | |
Basic Shares Outstanding | 105.0M shares |
Diluted Shares Outstanding | 105.0M shares |
Balance Sheet
Concept | 2021 Q1 |
---|---|
SHORT-TERM ASSETS | |
Cash & Short-Term Investments | $2.173M |
YoY Change | |
Cash & Equivalents | $9.928M |
Short-Term Investments | |
Other Short-Term Assets | $812.8K |
YoY Change | |
Inventory | |
Prepaid Expenses | $812.8K |
Receivables | |
Other Receivables | |
Total Short-Term Assets | $2.986M |
YoY Change | |
LONG-TERM ASSETS | |
Property, Plant & Equipment | |
YoY Change | |
Goodwill | |
YoY Change | |
Intangibles | |
YoY Change | |
Long-Term Investments | $358.8M |
YoY Change | |
Other Assets | |
YoY Change | |
Total Long-Term Assets | $358.8M |
YoY Change | |
TOTAL ASSETS | |
Total Short-Term Assets | $2.986M |
Total Long-Term Assets | $358.8M |
Total Assets | $361.8M |
YoY Change | |
SHORT-TERM LIABILITIES | |
YoY Change | |
Accounts Payable | $50.63K |
YoY Change | |
Accrued Expenses | $362.7K |
YoY Change | |
Deferred Revenue | |
YoY Change | |
Short-Term Debt | $20.48K |
YoY Change | |
Long-Term Debt Due | |
YoY Change | |
Total Short-Term Liabilities | $435.3K |
YoY Change | |
LONG-TERM LIABILITIES | |
Long-Term Debt | $0.00 |
YoY Change | |
Other Long-Term Liabilities | $12.77M |
YoY Change | |
Total Long-Term Liabilities | $12.77M |
YoY Change | |
TOTAL LIABILITIES | |
Total Short-Term Liabilities | $435.3K |
Total Long-Term Liabilities | $12.77M |
Total Liabilities | $13.20M |
YoY Change | |
SHAREHOLDERS EQUITY | |
Retained Earnings | -$647.9K |
YoY Change | |
Common Stock | $5.648M |
YoY Change | |
Preferred Stock | |
YoY Change | |
Treasury Stock (at cost) | |
YoY Change | |
Treasury Stock Shares | |
Shareholders Equity | $97.99M |
YoY Change | |
Total Liabilities & Shareholders Equity | $361.8M |
YoY Change |
Cashflow Statement
Concept | 2021 Q1 |
---|---|
OPERATING ACTIVITIES | |
Net Income | -$2.437M |
YoY Change | |
Depreciation, Depletion And Amortization | |
YoY Change | |
Cash From Operating Activities | $893.0K |
YoY Change | |
INVESTING ACTIVITIES | |
Capital Expenditures | $170.0K |
YoY Change | |
Acquisitions | $224.0K |
YoY Change | |
Other Investing Activities | -$358.8M |
YoY Change | |
Cash From Investing Activities | -$394.0K |
YoY Change | |
FINANCING ACTIVITIES | |
Cash Dividend Paid | |
YoY Change | |
Common Stock Issuance & Retirement, Net | -$351.6M |
YoY Change | |
Debt Paid & Issued, Net | |
YoY Change | |
Cash From Financing Activities | -$275.0K |
YoY Change | |
NET CHANGE | |
Cash From Operating Activities | $893.0K |
Cash From Investing Activities | -$394.0K |
Cash From Financing Activities | -$275.0K |
Net Change In Cash | $224.0K |
YoY Change | |
FREE CASH FLOW | |
Cash From Operating Activities | $893.0K |
Capital Expenditures | $170.0K |
Free Cash Flow | $723.0K |
YoY Change |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2020Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
CY2021Q1 | dei |
Entity Filer Category
EntityFilerCategory
|
Non-accelerated Filer | |
CY2021Q1 | gigu |
Holding Period Of Shares For Completion Of Initial Business Combination
HoldingPeriodOfSharesForCompletionOfInitialBusinessCombination
|
P12M | |
CY2021Q1 | gigu |
Number Of Trading Period For Transfer Of Shares
NumberOfTradingPeriodForTransferOfShares
|
P20D | |
CY2021Q1 | gigu |
Number Of Consecutive Trading Period For Transfer Of Shares
NumberOfConsecutiveTradingPeriodForTransferOfShares
|
P30D | |
CY2021Q1 | gigu |
Period After Completion Of Business Combination To Allow Transfer Of Shares
PeriodAfterCompletionOfBusinessCombinationToAllowTransferOfShares
|
P30D | |
CY2021Q1 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
||
CY2020Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
||
CY2021Q1 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
||
CY2020Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
||
CY2021Q1 | gigu |
Fair Value Assumption Expected Term
FairValueAssumptionExpectedTerm
|
P6Y | |
CY2021Q1 | gigu |
Fair Value Assumption Expected Term
FairValueAssumptionExpectedTerm
|
P5Y10M24D | |
CY2021Q1 | us-gaap |
Assets Current
AssetsCurrent
|
2985747 | |
CY2021Q1 | us-gaap |
Assets Held In Trust Noncurrent
AssetsHeldInTrustNoncurrent
|
358801671 | |
CY2020Q4 | us-gaap |
Deferred Offering Costs
DeferredOfferingCosts
|
230653 | |
CY2021Q1 | us-gaap |
Interest Receivable Noncurrent
InterestReceivableNoncurrent
|
3250 | |
CY2021Q1 | us-gaap |
Assets
Assets
|
361790668 | |
CY2020Q4 | us-gaap |
Assets
Assets
|
380653 | |
CY2021Q1 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
50628 | |
CY2020Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
34395 | |
CY2020Q4 | gigu |
Notes Payable Related Parties Current
NotesPayableRelatedPartiesCurrent
|
125000 | |
CY2021Q1 | us-gaap |
Due To Related Parties Current
DueToRelatedPartiesCurrent
|
20475 | |
CY2020Q4 | us-gaap |
Due To Related Parties Current
DueToRelatedPartiesCurrent
|
21 | |
CY2021Q1 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
362745 | |
CY2020Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
230333 | |
CY2021Q1 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
1468 | |
CY2021Q1 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
435316 | |
CY2020Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
389749 | |
CY2021Q1 | gigu |
Warrant Liability Non Current
WarrantLiabilityNonCurrent
|
210025 | |
CY2021Q1 | gigu |
Deferred Underwriting Fee Payable Non Current
DeferredUnderwritingFeePayableNonCurrent
|
12558000 | |
CY2021Q1 | us-gaap |
Liabilities
Liabilities
|
13203341 | |
CY2020Q4 | us-gaap |
Liabilities
Liabilities
|
389749 | |
CY2021Q1 | us-gaap |
Shares Subject To Mandatory Redemption Settlement Terms Maximum Number Of Shares
SharesSubjectToMandatoryRedemptionSettlementTermsMaximumNumberOfShares
|
34358732 | |
CY2021Q1 | us-gaap |
Temporary Equity Redemption Price Per Share
TemporaryEquityRedemptionPricePerShare
|
10.00 | |
CY2021Q1 | us-gaap |
Temporary Equity Aggregate Amount Of Redemption Requirement
TemporaryEquityAggregateAmountOfRedemptionRequirement
|
343587320 | |
CY2021Q1 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
CY2021Q1 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
1000000 | |
CY2021Q1 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | |
CY2021Q1 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | |
CY2021Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
CY2021Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
100000000 | |
CY2020Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
100000000 | |
CY2021Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
11590868 | |
CY2021Q1 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
11590868 | |
CY2020Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
8952000 | |
CY2020Q4 | us-gaap |
Cash
Cash
|
150000 | |
CY2021Q1 | dei |
Document Quarterly Report
DocumentQuarterlyReport
|
true | |
CY2021Q1 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
812795 | |
CY2021Q1 | us-gaap |
Cash
Cash
|
2172952 | |
CY2020Q4 | us-gaap |
Assets Current
AssetsCurrent
|
150000 | |
CY2020Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
1000000 | |
CY2020Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | |
CY2020Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | |
CY2020Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
CY2020Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-34096 | |
CY2020Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-9096 | |
CY2020Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
380653 | |
CY2021Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
5000007 | |
CY2021Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
361790668 | |
CY2020Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
8952000 | |
CY2021Q1 | us-gaap |
Common Stock Value
CommonStockValue
|
1159 | |
CY2021Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
361901101 | |
CY2020Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
895 | |
CY2021Q1 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
5646714 | |
CY2021Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
2022952 | |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
150000 | |
CY2021Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
2172952 | |
CY2021Q1 | us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
-22117 | |
CY2020Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
24105 | |
CY2021Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-647866 | |
CY2021Q1 | us-gaap |
Interest Income Other
InterestIncomeOther
|
4921 | |
CY2021Q1 | gigu |
Offering Costs Included In Accrued Liabilities
OfferingCostsIncludedInAccruedLiabilities
|
70000 | |
CY2021Q1 | gigu |
Fair Value Of Warrant Liability
FairValueOfWarrantLiability
|
187908 | |
CY2020Q4 | gigu |
Shares Forfeited Subsequent To Expiration Of Underwriters Over Allotment Option
SharesForfeitedSubsequentToExpirationOfUnderwritersOverAllotmentOption
|
1170000 | |
CY2021Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
595106 | |
CY2021Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-595106 | |
CY2021Q1 | gigu |
Deferred Underwriting Fee Payable
DeferredUnderwritingFeePayable
|
12558000 | |
CY2021Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1468 | |
CY2021Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-612302 | |
CY2021Q1 | gigu |
Change In Value Of Common Stock Subject To Possible Redemption
ChangeInValueOfCommonStockSubjectToPossibleRedemption
|
5185219 | |
CY2021Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-613770 | |
CY2021Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-358800000 | |
CY2021Q1 | us-gaap |
Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
|
351624000 | |
CY2021Q1 | us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
125000 | |
CY2021Q1 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
593899 | |
CY2021Q1 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
10375485 | |
CY2021Q1 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.06 | |
CY2020Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-9096 | |
CY2021Q1 | us-gaap |
Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
|
187908 | |
CY2021Q1 | gigu |
Temporary Equity Shares Subject To Redemption Value
TemporaryEquitySharesSubjectToRedemptionValue
|
343587320 | |
CY2021Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-613770 | |
CY2021Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
5000007 | |
CY2021Q1 | gigu |
Stock Split Ratio On Common Stock
StockSplitRatioOnCommonStock
|
1.2:1 | |
CY2021Q1 | us-gaap |
Profit Loss
ProfitLoss
|
-613770 | |
CY2021Q1 | us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
22117 | |
CY2021Q1 | gigu |
Interest Earned On Cash And Marketable Securities Held In Trust Account
InterestEarnedOnCashAndMarketableSecuritiesHeldInTrustAccount
|
4921 | |
CY2021Q1 | us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
812795 | |
CY2021Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
26553 | |
CY2021Q1 | us-gaap |
Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
|
20454 | |
CY2021Q1 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
282745 | |
CY2021Q1 | us-gaap |
Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
|
1468 | |
CY2021Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-1078149 | |
CY2021Q1 | us-gaap |
Payments To Acquire Trust Preferred Investments
PaymentsToAcquireTrustPreferredInvestments
|
358800000 | |
CY2021Q1 | dei |
Entity Incorporation Date Of Incorporation
EntityIncorporationDateOfIncorporation
|
2020-12-04 | |
CY2021Q1 | us-gaap |
Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
|
351624000 | |
CY2021Q1 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
20397899 | |
CY2021Q1 | gigu |
Deferred Underwriting Fees
DeferredUnderwritingFees
|
12558000 | |
CY2021Q1 | gigu |
Original Offering Cost
OriginalOfferingCost
|
663899 | |
CY2021Q1 | us-gaap |
Decommissioning Trust Assets Description
DecommissioningTrustAssetsDescription
|
The Company’s amended and restated certificate of incorporation provides that, other than the withdrawal of interest to pay taxes, none of the funds held in the Trust Account will be released until the earlier of: (i) the completion of the Business Combination; (ii) the redemption of 100% of the shares of common stock included in the units sold in the Offering (the “public shares”) if the Company is unable to complete a Business Combination within 24 months from the closing of the Offering on February 11, 2021; or (iii) the redemption of the public shares in connection with a stockholder vote to amend the Company’s amended and restated certificate of incorporation to modify the substance or timing of the Company’s obligation to redeem 100% of its public shares if it does not complete its initial Business Combination within 24 months from the closing of the Offering on February 11, 2021. | |
CY2021Q1 | gigu |
Common Stock Redemption Percentage
CommonStockRedemptionPercentage
|
1 | |
CY2021Q1 | gigu |
Public Shares Redemption Percentage
PublicSharesRedemptionPercentage
|
1 | |
CY2021Q1 | gigu |
Minimum Percentage Of Fair Market Value Of Business Acquisition To Trust Account Balance
MinimumPercentageOfFairMarketValueOfBusinessAcquisitionToTrustAccountBalance
|
0.80 | |
CY2021Q1 | us-gaap |
Assets Held In Trust
AssetsHeldInTrust
|
358801671 | |
CY2021Q1 | us-gaap |
Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
|
358800000 | |
CY2021Q1 | us-gaap |
Sale Of Stock Number Of Shares Issued In Transaction
SaleOfStockNumberOfSharesIssuedInTransaction
|
35880000 | |
CY2021Q1 | us-gaap |
Sale Of Stock Price Per Share
SaleOfStockPricePerShare
|
10.00 | |
CY2021Q1 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
1671 | |
CY2021Q1 | us-gaap |
Interest Receivable Noncurrent
InterestReceivableNoncurrent
|
3250 | |
CY2021Q1 | gigu |
Net Income Loss Attributable To Common Stock Subject To Redemption
NetIncomeLossAttributableToCommonStockSubjectToRedemption
|
-2582 | |
CY2021Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-616352 | |
CY2021Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-613770 | |
CY2021Q1 | us-gaap |
Stock Issued During Period Shares Restricted Stock Award Gross
StockIssuedDuringPeriodSharesRestrictedStockAwardGross
|
18000 | |
CY2021Q1 | gigu |
Deferred Underwriting Commissions Payable
DeferredUnderwritingCommissionsPayable
|
12558000 | |
CY2021Q1 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
10375485 | |
CY2021Q1 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.06 | |
CY2021Q1 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<p style="margin-top:18pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-style:italic;font-family:Times New Roman;font-size:10pt;text-transform:none;font-variant: normal;">Concentration of Credit Risk</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Financial instruments that potentially subject the Company to concentrations of credit risk consist of a cash account in a financial institution, which at times, may exceed federally insured limits. The Company has not experienced losses on these accounts and management believes the Company is not exposed to significant risks on such accounts.</p> | |
CY2021Q1 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<p style="margin-top:18pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-style:italic;font-family:Times New Roman;font-size:10pt;text-transform:none;font-variant: normal;">Use of Estimates</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The preparation of financial statements in conformity with GAAP requires the Company’s management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</p> | |
CY2021Q1 | us-gaap |
Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
|
20397899 | |
CY2021Q1 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
35880000 | |
CY2021Q1 | us-gaap |
Sale Of Stock Price Per Share
SaleOfStockPricePerShare
|
10.00 | |
CY2021Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
CY2021Q1 | gigu |
Number Of Shares Of Common Stock Per Unit
NumberOfSharesOfCommonStockPerUnit
|
1 | |
CY2021Q1 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
|
11.50 | |
CY2021Q1 | gigu |
Number Of Public Warrants To Be Exercised In Order To Obtain Whole Shares Of Common Stock
NumberOfPublicWarrantsToBeExercisedInOrderToObtainWholeSharesOfCommonStock
|
3 | |
CY2021Q1 | gigu |
Underwriting Discount Per Unit Paid In Cash
UnderwritingDiscountPerUnitPaidInCash
|
0.20 | |
CY2021Q1 | gigu |
Deferred Underwriting Commissions Per Unit
DeferredUnderwritingCommissionsPerUnit
|
0.35 | |
CY2021Q1 | us-gaap |
Share Price
SharePrice
|
9.83 | |
CY2021Q1 | us-gaap |
Share Price
SharePrice
|
9.81 | |
CY2021Q1 | gigu |
Fair Value Assumptions Volatility Rate
FairValueAssumptionsVolatilityRate
|
0.1000 | |
CY2021Q1 | gigu |
Fair Value Assumptions Volatility Rate
FairValueAssumptionsVolatilityRate
|
0.1000 | |
CY2021Q1 | gigu |
Fair Value Assumption Risk Free Interest Rate
FairValueAssumptionRiskFreeInterestRate
|
0.0062 | |
CY2021Q1 | gigu |
Fair Value Assumption Risk Free Interest Rate
FairValueAssumptionRiskFreeInterestRate
|
0.0106 | |
CY2021Q1 | gigu |
Fair Value Assumption Exercise Price
FairValueAssumptionExercisePrice
|
11.50 | |
CY2021Q1 | gigu |
Fair Value Assumption Exercise Price
FairValueAssumptionExercisePrice
|
11.50 | |
CY2021Q1 | us-gaap |
Interest Receivable Noncurrent
InterestReceivableNoncurrent
|
3250 |