$BRZH
Breeze Holdings Acquisition Corp.

2022 Q1 Form 10-Q Financial Statement

#000156459022020989 Filed on May 23, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2021 Q3 2021 Q2
Revenue $0.00 $0.00 $0.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $985.1K $591.6K $458.7K
YoY Change 347.06%
Operating Profit -$985.1K -$591.6K -$458.7K
YoY Change 347.06%
Interest Expense $52.88K $14.52K $209.00
YoY Change 10962.76%
% of Operating Profit
Other Income/Expense, Net $3.553M $3.778M -$1.126M
YoY Change -40.75%
Pretax Income $2.568M $3.201M -$1.585M
YoY Change -55.55%
Income Tax
% Of Pretax Income
Net Earnings $2.568M $3.602M -$1.585M
YoY Change -55.55%
Net Earnings / Revenue
Basic Earnings Per Share $0.18 $0.22 -$0.11
Diluted Earnings Per Share $175.4K $218.7K -$0.11
COMMON SHARES
Basic Shares Outstanding 14.64M 14.63M 14.63M
Diluted Shares Outstanding 14.64M 14.63M 14.63M

Balance Sheet

Concept 2022 Q1 2021 Q3 2021 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $9.640K $9.580K $167.0K
YoY Change -97.21%
Cash & Equivalents $9.642K $9.584K $167.0K
Short-Term Investments
Other Short-Term Assets $101.6K $177.5K $202.4K
YoY Change -59.59% 77.45% 102.36%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $111.3K $187.0K $369.4K
YoY Change -81.37% 87.03% 269.4%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $119.1M $116.8M $116.8M
YoY Change 2.04%
Other Assets $0.00
YoY Change
Total Long-Term Assets $119.1M $116.8M $116.8M
YoY Change 2.04%
TOTAL ASSETS
Total Short-Term Assets $111.3K $187.0K $369.4K
Total Long-Term Assets $119.1M $116.8M $116.8M
Total Assets $119.2M $117.0M $117.1M
YoY Change 1.62% 116851.55% 117019.47%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.258M $244.9K $252.8K
YoY Change 3210.21%
Accrued Expenses $249.3K $149.6K $99.18K
YoY Change 405.52%
Deferred Revenue
YoY Change
Short-Term Debt $281.0K $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $4.114M $452.5K $444.3K
YoY Change 1824.29% 352.46%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $3.609M $8.855M $12.63M
YoY Change -68.65%
Total Long-Term Liabilities $3.609M $8.855M $12.63M
YoY Change -68.65%
TOTAL LIABILITIES
Total Short-Term Liabilities $4.114M $452.5K $444.3K
Total Long-Term Liabilities $3.609M $8.855M $12.63M
Total Liabilities $7.722M $9.308M $13.08M
YoY Change -34.13% 9207.71%
SHAREHOLDERS EQUITY
Retained Earnings -$9.557M -$12.76M
YoY Change
Common Stock $313.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$7.501M -$9.081M -$11.03M
YoY Change
Total Liabilities & Shareholders Equity $119.2M $117.0M $117.1M
YoY Change 1.62% 116851.55% 117019.47%

Cashflow Statement

Concept 2022 Q1 2021 Q3 2021 Q2
OPERATING ACTIVITIES
Net Income $2.568M $3.602M -$1.585M
YoY Change -55.55%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities -$276.8K -$157.4K -$178.8K
YoY Change -20.46%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities -$1.150M
YoY Change
Cash From Investing Activities -$1.150M
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 1.431M
YoY Change
NET CHANGE
Cash From Operating Activities -276.8K -157.4K -178.8K
Cash From Investing Activities -1.150M
Cash From Financing Activities 1.431M
Net Change In Cash 4.239K -157.4K -178.8K
YoY Change -101.22%
FREE CASH FLOW
Cash From Operating Activities -$276.8K -$157.4K -$178.8K
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2022Q1 brez Warrants Redemption Covenant Threshold Trading Days
WarrantsRedemptionCovenantThresholdTradingDays
P20D
CY2022Q1 brez Warrants Redemption Covenant Threshold Consecutive Trading Days
WarrantsRedemptionCovenantThresholdConsecutiveTradingDays
P30D
CY2022Q1 brez Number Of Business Days Before Sending Notice Of Redemption Period
NumberOfBusinessDaysBeforeSendingNoticeOfRedemptionPeriod
P3D
CY2022Q1 brez Minimum Number Of Business Days To Redeem Public Shares
MinimumNumberOfBusinessDaysToRedeemPublicShares
P10D
CY2021Q4 brez Number Of Business Days For Deposit In Trust Account Prior To Consummation Of Initial Business Combination
NumberOfBusinessDaysForDepositInTrustAccountPriorToConsummationOfInitialBusinessCombination
P2D
CY2022Q1 brez Minimum Period Of Prior Written Notice Of Redemption Of Warrants
MinimumPeriodOfPriorWrittenNoticeOfRedemptionOfWarrants
P30D
CY2022Q1 brez Number Of Trading Days Prior On Consummates Business Combination
NumberOfTradingDaysPriorOnConsummatesBusinessCombination
P20D
CY2022Q1 brez Warrants Will Not Be Transferable Assignable Or Saleable Number Of Period After Completion Of Business Combination
WarrantsWillNotBeTransferableAssignableOrSaleableNumberOfPeriodAfterCompletionOfBusinessCombination
P30D
CY2022Q1 brez Business Combination Right Convertible Share Of Common Stock Conversion Ratio
BusinessCombinationRightConvertibleShareOfCommonStockConversionRatio
0.05
CY2022Q1 brez Business Combination Right Convertible Share Of Common Stock Conversion Ratio
BusinessCombinationRightConvertibleShareOfCommonStockConversionRatio
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CY2022Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
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CY2021Q1 us-gaap Operating Income Loss
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CY2021Q1 us-gaap Interest Income Expense Nonoperating Net
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CY2022Q1 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
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CY2021Q1 us-gaap Unrealized Gain Loss On Investments
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CY2022Q1 us-gaap Fair Value Adjustment Of Warrants
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CY2021Q1 us-gaap Fair Value Adjustment Of Warrants
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CY2022Q1 us-gaap Nonoperating Income Expense
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CY2021Q1 us-gaap Nonoperating Income Expense
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CY2022Q1 us-gaap Net Income Loss
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CY2021Q1 us-gaap Net Income Loss
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CY2022Q1 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
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CY2021Q1 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
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CY2022Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
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CY2021Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.39
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
-8919146
CY2022Q1 us-gaap Temporary Equity Accretion To Redemption Value
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1150000
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
-16948972
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
5776318
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
-11172654
CY2022Q1 us-gaap Profit Loss
ProfitLoss
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CY2021Q1 us-gaap Profit Loss
ProfitLoss
5776318
CY2022Q1 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
52883
CY2021Q1 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
18188
CY2022Q1 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-3500000
CY2021Q1 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-5978000
CY2022Q1 brez Increase Decrease In Prepaid Expenses And Other Liabilities
IncreaseDecreaseInPrepaidExpensesAndOtherLiabilities
-22542
CY2021Q1 brez Increase Decrease In Prepaid Expenses And Other Liabilities
IncreaseDecreaseInPrepaidExpensesAndOtherLiabilities
125000
CY2022Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
659767
CY2021Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-29255
CY2022Q1 us-gaap Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
49315
CY2021Q1 us-gaap Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
26159
CY2022Q1 brez Increase Decrease In Current Portion Of Long Term Liabilities
IncreaseDecreaseInCurrentPortionOfLongTermLiabilities
-23292
CY2022Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-276761
CY2021Q1 us-gaap Net Cash Provided By Used In Operating Activities
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-347966
CY2022Q1 us-gaap Payments To Acquire Trust Preferred Investments
PaymentsToAcquireTrustPreferredInvestments
1150000
CY2022Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1150000
CY2022Q1 brez Proceeds From Short Term Working Capital Loan Related Party
ProceedsFromShortTermWorkingCapitalLoanRelatedParty
281000
CY2022Q1 brez Proceeds From Promissory Note Related Party
ProceedsFromPromissoryNoteRelatedParty
1150000
CY2022Q1 us-gaap Net Cash Provided By Used In Financing Activities
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1431000
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
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CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
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CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
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CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
345852
CY2022Q1 brez Accretion Of Common Stocks Subject To Redemption Value
AccretionOfCommonStocksSubjectToRedemptionValue
1150000
CY2020Q4 brez Sale Of Private Placement Warrants
SaleOfPrivatePlacementWarrants
5425000
CY2020Q4 brez Cost Of Per Private Placement Warrant
CostOfPerPrivatePlacementWarrant
1.00
CY2020Q4 us-gaap Deferred Offering Costs
DeferredOfferingCosts
4099907
CY2020Q4 brez Underwriting Fees
UnderwritingFees
2300000
CY2020Q4 brez Other Offering Costs
OtherOfferingCosts
477557
CY2022Q1 us-gaap Cash
Cash
9642
CY2022Q1 brez Aggregate Fair Market Value Of Acquisition Threshold As Percentage Of Assets Held In Trust Account
AggregateFairMarketValueOfAcquisitionThresholdAsPercentageOfAssetsHeldInTrustAccount
0.80
CY2022Q1 brez Minimum Voting Interest To Be Owned Or Acquired To Complete Business Combination
MinimumVotingInterestToBeOwnedOrAcquiredToCompleteBusinessCombination
0.50
CY2022Q1 us-gaap Temporary Equity Redemption Price Per Share
TemporaryEquityRedemptionPricePerShare
10.15
CY2022Q1 brez Business Combination Minimum Threshold Limit Of Net Intangible Assets Required
BusinessCombinationMinimumThresholdLimitOfNetIntangibleAssetsRequired
5000001
CY2022Q1 brez Restriction On Public Share Redemption In Case Of Stockholder Approval Of Business Combination
RestrictionOnPublicShareRedemptionInCaseOfStockholderApprovalOfBusinessCombination
0.10
CY2022Q1 brez Business Combination Incomplete Percentage Of Stock Redemption
BusinessCombinationIncompletePercentageOfStockRedemption
1
CY2022Q1 brez Business Combination Completion Date Of Acquisition
BusinessCombinationCompletionDateOfAcquisition
2022-09-26
CY2022Q1 brez Business Combination Incomplete Maximum Dissolution Expenses To Be Paid
BusinessCombinationIncompleteMaximumDissolutionExpensesToBePaid
100000
CY2022Q1 brez Assets Remaining Available For Distribution Per Share Maximum
AssetsRemainingAvailableForDistributionPerShareMaximum
10.35
CY2022Q1 brez Working Capital
WorkingCapital
3752980
CY2020Q4 brez Proceeds From Sale Of Founder Shares
ProceedsFromSaleOfFounderShares
25000
CY2020Q4 brez Proceeds From Unsecured And Non Interest Bearing Promissory Notes
ProceedsFromUnsecuredAndNonInterestBearingPromissoryNotes
300000
CY2021Q4 brez Deposit In Trust Account
DepositInTrustAccount
115000000
CY2021Q4 brez Additional Amount Deposit In Trust Account
AdditionalAmountDepositInTrustAccount
1725000
CY2021Q4 brez Extension Payment
ExtensionPayment
1150000
CY2021Q4 brez Additional Amount Deposit In Trust Account
AdditionalAmountDepositInTrustAccount
1725000
CY2021Q4 brez Extension Payment
ExtensionPayment
1150000
CY2021Q4 us-gaap Temporary Equity Carrying Amount Attributable To Parent
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CY2021Q4 us-gaap Retained Earnings Accumulated Deficit
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CY2021Q4 us-gaap Stockholders Equity
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CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
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CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
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CY2021Q1 us-gaap Temporary Equity Carrying Amount Attributable To Parent
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-11172967
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
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TemporaryEquityCarryingAmountAttributableToParent
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CY2020Q4 us-gaap Retained Earnings Accumulated Deficit
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CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
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CY2021 us-gaap Temporary Equity Accretion To Redemption Value
TemporaryEquityAccretionToRedemptionValue
1150000
CY2021 brez Percentage Of Adjustment Related To Accounting Error Resulted On Accretion Of Common Stock To Redemption Value
PercentageOfAdjustmentRelatedToAccountingErrorResultedOnAccretionOfCommonStockToRedemptionValue
1
CY2020 us-gaap Temporary Equity Accretion To Redemption Value
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CY2020 brez Percentage Of Adjustment Related To Accounting Error Resulted On Accretion Of Common Stock To Redemption Value
PercentageOfAdjustmentRelatedToAccountingErrorResultedOnAccretionOfCommonStockToRedemptionValue
0.09
CY2022Q1 us-gaap Use Of Estimates
UseOfEstimates
<p style="margin-top:10pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-style:italic;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;">Use of estimates</p> <p style="margin-top:10pt;margin-bottom:0pt;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The preparation of the condensed 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.</p> <p style="margin-top:10pt;margin-bottom:0pt;text-indent:0%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Making estimates requires management to exercise significant judgment. It is at least reasonably possible that the estimate of the effect of a condition, situation or set of circumstances that existed at the date of the financial statements, which management considered in formulating its estimate, could change in the near term due to one or more future confirming events. Accordingly, the actual results could differ significantly from those estimates.</p>
CY2022Q1 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
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CY2021Q1 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
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CY2022Q1 us-gaap Cash Equivalents At Carrying Value
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CY2021Q4 us-gaap Common Stock Shares Outstanding
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3140000
CY2022Q1 us-gaap Temporary Equity Shares Outstanding
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CY2021Q4 us-gaap Temporary Equity Shares Outstanding
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11500000
CY2022Q1 us-gaap Temporary Equity Shares Outstanding
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CY2022Q1 us-gaap Earnings Per Share Basic And Diluted
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CY2021Q1 us-gaap Earnings Per Share Basic And Diluted
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0.39
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CY2022Q1 us-gaap Unrecognized Tax Benefits
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0
CY2021Q4 us-gaap Unrecognized Tax Benefits
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0
CY2022Q1 us-gaap Income Tax Examination Penalties And Interest Accrued
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0
CY2021Q4 us-gaap Income Tax Examination Penalties And Interest Accrued
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0
CY2022Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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0
CY2022Q1 us-gaap Net Income Loss
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CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
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CY2022Q1 us-gaap Concentration Risk Credit Risk
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<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-style:italic;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;">Concentration of credit risk</p> <p style="margin-top:10pt;margin-bottom:0pt;text-indent:0%;font-size:10pt;font-family:Times New Roman;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 cash accounts in a financial institution, which, at times may exceed the Federal Deposit Insurance Corporation coverage of $250,000. The Company has not experienced losses on these accounts and management believes the Company is not exposed to significant risks on such accounts.</p>
CY2022Q1 us-gaap Concentration Risk Credit Risk Financial Instrument Maximum Exposure
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CY2022Q1 us-gaap Fair Value Assets Level1 To Level2 Transfers Amount
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CY2021Q4 us-gaap Fair Value Assets Level1 To Level2 Transfers Amount
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CY2022Q1 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
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CY2021Q1 us-gaap Fair Value Adjustment Of Warrants
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CY2022Q1 us-gaap Fair Value Assets Level2 To Level1 Transfers Amount
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CY2021Q4 us-gaap Fair Value Assets Level2 To Level1 Transfers Amount
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CY2022Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Into Level3
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CY2021 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Into Level3
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CY2022Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Out Of Level3
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CY2021 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Out Of Level3
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CY2022Q1 us-gaap Fair Value Liabilities Level1 To Level2 Transfers Amount
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0
CY2021Q4 us-gaap Fair Value Liabilities Level1 To Level2 Transfers Amount
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CY2022Q1 us-gaap Fair Value Liabilities Level2 To Level1 Transfers Amount
FairValueLiabilitiesLevel2ToLevel1TransfersAmount
0
CY2021Q4 us-gaap Fair Value Liabilities Level2 To Level1 Transfers Amount
FairValueLiabilitiesLevel2ToLevel1TransfersAmount
0
CY2022Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Into Level3
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0
CY2022Q1 brez Percentage Of Advisor Cash Fee On Gross Proceeds Of Initial Public Offering
PercentageOfAdvisorCashFeeOnGrossProceedsOfInitialPublicOffering
0.0275
CY2022Q1 brez Cash Fee For Advisory Services Upon Consummation Of Business Combination
CashFeeForAdvisoryServicesUponConsummationOfBusinessCombination
3162500
CY2022Q1 brez Number Of Fractional Shares Issued Upon Exercise Of Public Warrant
NumberOfFractionalSharesIssuedUponExerciseOfPublicWarrant
0
CY2022Q1 brez Warrants Exercisable Period After Completion Of Business Combination
WarrantsExercisablePeriodAfterCompletionOfBusinessCombination
P30D
CY2022Q1 brez Warrants Exercisable Period From Closing Of Initial Public Offering
WarrantsExercisablePeriodFromClosingOfInitialPublicOffering
P12M
CY2022Q1 brez Warrant Expiration Period After Completion Of Business Combination Or Earlier Upon Redemption Or Liquidation
WarrantExpirationPeriodAfterCompletionOfBusinessCombinationOrEarlierUponRedemptionOrLiquidation
P5Y
CY2022Q1 brez Class Of Warrant Or Right Exercisable
ClassOfWarrantOrRightExercisable
0
CY2022Q1 brez Class Of Warrant Or Right Redemption Price
ClassOfWarrantOrRightRedemptionPrice
0.01
CY2022Q1 brez Minimum Price Per Share Required For Redemption Of Warrants
MinimumPricePerShareRequiredForRedemptionOfWarrants
18.00
CY2022Q1 brez Maximum Effective Issue Price To Closing Of Business Combination
MaximumEffectiveIssuePriceToClosingOfBusinessCombination
9.20
CY2022Q1 brez Minimum Percentage Of Equity Proceeds From Issuances
MinimumPercentageOfEquityProceedsFromIssuances
0.60
CY2022Q1 brez Percentage Of Exercise Price Of Warrants Adjusted Equal To Higher Of Market Value And Issued Price
PercentageOfExercisePriceOfWarrantsAdjustedEqualToHigherOfMarketValueAndIssuedPrice
1.15
CY2022Q1 brez Minimum Price Per Share Required For Redemption Of Warrants
MinimumPricePerShareRequiredForRedemptionOfWarrants
18.00
CY2022Q1 brez Percentage Of Redemption Triggered Price Of Warrants Adjusted Equal To Higher Of Market Value And Issued Price
PercentageOfRedemptionTriggeredPriceOfWarrantsAdjustedEqualToHigherOfMarketValueAndIssuedPrice
1.80
CY2022Q1 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
5425000
CY2022Q1 brez Warrant Price Per Share
WarrantPricePerShare
1.00
CY2022Q1 us-gaap Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
5425000
CY2022Q1 us-gaap Class Of Warrant Or Right Number Of Securities Called By Each Warrant Or Right
ClassOfWarrantOrRightNumberOfSecuritiesCalledByEachWarrantOrRight
1
CY2022Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000
CY2022Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2022Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2022Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2021Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2021Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2022Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000
CY2022Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2022Q1 us-gaap Common Stock Voting Rights
CommonStockVotingRights
Holders of common stock are entitled to one vote for each share.
CY2022Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
3140000
CY2022Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Out Of Level3
FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3
0
CY2020Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
17487000
CY2021Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Period Increase Decrease
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease
5978000
CY2021Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
11509000
CY2021Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
7108500
CY2022Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Period Increase Decrease
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease
3500000
CY2022Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
3608500

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