2021 Q1 Form 10-Q Financial Statement
#000119312521162336 Filed on May 17, 2021
Income Statement
Concept | 2021 Q1 | 2020 Q4 |
---|---|---|
Revenue | $0.00 | $0.00 |
YoY Change | ||
Cost Of Revenue | ||
YoY Change | ||
Gross Profit | ||
YoY Change | ||
Gross Profit Margin | ||
Selling, General & Admin | $11.64M | $940.6K |
YoY Change | ||
% of Gross Profit | ||
Research & Development | $34.18M | $31.80M |
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $3.333M | $2.240M |
YoY Change | ||
% of Gross Profit | ||
Operating Expenses | $45.83M | $940.6K |
YoY Change | ||
Operating Profit | -$45.83M | |
YoY Change | ||
Interest Expense | $863.0K | -$62.76M |
YoY Change | ||
% of Operating Profit | ||
Other Income/Expense, Net | $4.327M | $220.0K |
YoY Change | ||
Pretax Income | -$41.50M | -$63.70M |
YoY Change | ||
Income Tax | $4.000K | $10.00K |
% Of Pretax Income | ||
Net Earnings | -$41.51M | -$63.70M |
YoY Change | 63.66% | |
Net Earnings / Revenue | ||
Basic Earnings Per Share | ||
Diluted Earnings Per Share | -$601.5K | -$738.5K |
COMMON SHARES | ||
Basic Shares Outstanding | ||
Diluted Shares Outstanding |
Balance Sheet
Concept | 2021 Q1 | 2020 Q4 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $870.0K | $1.695M |
YoY Change | ||
Cash & Equivalents | $116.8M | $77.34M |
Short-Term Investments | ||
Other Short-Term Assets | $430.0K | $507.5K |
YoY Change | ||
Inventory | ||
Prepaid Expenses | $426.1K | $3.032M |
Receivables | ||
Other Receivables | $2.227M | |
Total Short-Term Assets | $1.299M | $451.2M |
YoY Change | ||
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $34.13M | |
YoY Change | ||
Goodwill | $0.00 | |
YoY Change | ||
Intangibles | $0.00 | |
YoY Change | ||
Long-Term Investments | $690.0M | $10.99M |
YoY Change | ||
Other Assets | $262.0K | |
YoY Change | ||
Total Long-Term Assets | $690.0M | $46.07M |
YoY Change | ||
TOTAL ASSETS | ||
Total Short-Term Assets | $1.299M | $451.2M |
Total Long-Term Assets | $690.0M | $46.07M |
Total Assets | $691.3M | $497.3M |
YoY Change | ||
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $162.8K | $4.928M |
YoY Change | ||
Accrued Expenses | $373.1K | $361.1K |
YoY Change | ||
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | |
YoY Change | ||
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $580.5K | $8.005M |
YoY Change | ||
LONG-TERM LIABILITIES | ||
Long-Term Debt | $0.00 | |
YoY Change | ||
Other Long-Term Liabilities | $82.51M | $124.3M |
YoY Change | ||
Total Long-Term Liabilities | $82.51M | $124.3M |
YoY Change | ||
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $580.5K | $8.005M |
Total Long-Term Liabilities | $82.51M | $124.3M |
Total Liabilities | $83.09M | $12.11M |
YoY Change | ||
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$23.30M | -$296.3M |
YoY Change | ||
Common Stock | $0.00 | |
YoY Change | ||
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | -$318.1M | -$283.2M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $691.3M | $497.3M |
YoY Change |
Cashflow Statement
Concept | 2021 Q1 | 2020 Q4 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | -$41.51M | -$63.70M |
YoY Change | 63.66% | |
Depreciation, Depletion And Amortization | $3.333M | $2.240M |
YoY Change | ||
Cash From Operating Activities | -$29.67M | -$649.9K |
YoY Change | ||
INVESTING ACTIVITIES | ||
Capital Expenditures | $5.082M | $5.570M |
YoY Change | ||
Acquisitions | $0.00 | |
YoY Change | ||
Other Investing Activities | -$797.0K | $0.00 |
YoY Change | ||
Cash From Investing Activities | -$5.879M | $0.00 |
YoY Change | ||
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | $0.00 | |
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | 74.99M | -435.0K |
YoY Change | ||
NET CHANGE | ||
Cash From Operating Activities | -29.67M | -649.9K |
Cash From Investing Activities | -5.879M | 0.000 |
Cash From Financing Activities | 74.99M | -435.0K |
Net Change In Cash | 39.45M | -1.085M |
YoY Change | ||
FREE CASH FLOW | ||
Cash From Operating Activities | -$29.67M | -$649.9K |
Capital Expenditures | $5.082M | $5.570M |
Free Cash Flow | -$34.75M | -$6.220M |
YoY Change |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2021Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
691320350 | |
CY2021Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
1291919 | |
CY2021Q1 | us-gaap |
Liabilities
Liabilities
|
83089135 | |
CY2021Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
873032 | |
CY2021Q1 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
426105 | |
CY2021Q1 | us-gaap |
Assets Current
AssetsCurrent
|
1299137 | |
CY2021Q1 | us-gaap |
Assets Held In Trust
AssetsHeldInTrust
|
690021213 | |
CY2021Q1 | us-gaap |
Assets
Assets
|
691320350 | |
CY2021Q1 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
162796 | |
CY2021Q1 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
373101 | |
CY2021Q1 | us-gaap |
Due To Related Parties Current
DueToRelatedPartiesCurrent
|
44587 | |
CY2021Q1 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
580484 | |
CY2021Q1 | rtp |
Deferred Legal Fees Noncurrent
DeferredLegalFeesNoncurrent
|
239161 | |
CY2021Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-23296107 | |
CY2021Q1 | rtp |
Deferred Underwriting Commissions Noncurrent
DeferredUnderwritingCommissionsNoncurrent
|
24150000 | |
CY2021Q1 | us-gaap |
Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
|
58119490 | |
CY2021Q1 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
||
CY2021Q1 | us-gaap |
Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
|
603231210 | |
CY2021Q1 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
||
CY2021Q1 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
28293519 | |
CY2021Q1 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-1291919 | |
CY2021Q1 | us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
79847 | |
CY2021Q1 | us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
-41818550 | |
CY2021Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
41898397 | |
CY2021Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
40606478 | |
CY2020Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
5000007 | |
CY2021Q1 | rtp |
Stock Issued During Period Value Common Stock Subject To Possible Redemption
StockIssuedDuringPeriodValueCommonStockSubjectToPossibleRedemption
|
-40606480 | |
CY2021Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
5000005 | |
CY2021Q1 | us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
79847 | |
CY2021Q1 | us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
-41818550 | |
CY2021Q1 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
-81360 | |
CY2021Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
147021 | |
CY2021Q1 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
12001 | |
CY2021Q1 | us-gaap |
Increase Decrease In Due From Related Parties Current
IncreaseDecreaseInDueFromRelatedPartiesCurrent
|
110 | |
CY2021Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-1051647 | |
CY2021Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
230000 | |
CY2021Q1 | rtp |
Change In Value Of Class A Ordinary Shares Subject To Possible Redemption
ChangeInValueOfClassAOrdinarySharesSubjectToPossibleRedemption
|
-44317850 | |
CY2021Q1 | us-gaap |
Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
|
690000000 | |
CY2021Q1 | rtp |
Trust Account Per Share
TrustAccountPerShare
|
10.00 | |
CY2021Q1 | rtp |
Percentage Of Fair Market Value To Assets Held In Trust Account
PercentageOfFairMarketValueToAssetsHeldInTrustAccount
|
0.80 | |
CY2021Q1 | rtp |
Voting Percentage
VotingPercentage
|
0.50 | |
CY2021Q1 | rtp |
Redeeming Share Percent
RedeemingSharePercent
|
0.15 | |
CY2021Q1 | rtp |
Business Combination Redeem Price Percentage
BusinessCombinationRedeemPricePercentage
|
1.00 | |
CY2021Q1 | us-gaap |
Related Party Transaction Due From To Related Party Current
RelatedPartyTransactionDueFromToRelatedPartyCurrent
|
194000 | |
CY2021Q1 | us-gaap |
Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
|
250000 | |
CY2021Q1 | us-gaap |
Capital Required For Capital Adequacy
CapitalRequiredForCapitalAdequacy
|
500000 | |
CY2020Q3 | rtp |
Cash Paid From Sponsor
CashPaidFromSponsor
|
25000 | |
CY2020Q3 | rtp |
Ordinary Shares Received
OrdinarySharesReceived
|
14375000 | |
CY2020Q3 | rtp |
Aggregate Shares Held By Sponsor
AggregateSharesHeldBySponsor
|
17250000 | |
CY2020Q3 | rtp |
Founder Shares
FounderShares
|
30000 | |
CY2021Q1 | rtp |
Issuance Of Warrants Shares
IssuanceOfWarrantsShares
|
11533333 | |
CY2021Q1 | rtp |
Gross Proceeds From Sponsor
GrossProceedsFromSponsor
|
17300000 | |
CY2020Q3 | rtp |
Loans Amounts
LoansAmounts
|
300000 | |
CY2020Q3 | rtp |
Borrowed Amount
BorrowedAmount
|
194000 | |
CY2020Q3 | rtp |
Working Capital Loans
WorkingCapitalLoans
|
2500000 | |
CY2020Q3 | us-gaap |
Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
|
1.50 | |
CY2020Q4 | rtp |
Prepaid Amount
PrepaidAmount
|
468750 | |
CY2021Q1 | rtp |
Working Capitals
WorkingCapitals
|
500000 | |
CY2021Q1 | rtp |
Additional Sale Of Stock
AdditionalSaleOfStock
|
9000000 | |
CY2021Q1 | us-gaap |
Debt Instrument Convertible Threshold Percentage Of Stock Price Trigger
DebtInstrumentConvertibleThresholdPercentageOfStockPriceTrigger
|
0.20 | |
CY2021Q1 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2021Q1 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
CY2021Q1 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q1 | |
CY2021Q1 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001819848 | |
CY2021Q1 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | |
CY2021Q1 | dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
No | |
CY2021Q1 | dei |
Entity Interactive Data Current
EntityInteractiveDataCurrent
|
Yes | |
CY2021Q1 | rtp |
Trust Account Description
TrustAccountDescription
|
maturity of 185 days or less or in money market funds investing solely in U.S. Treasuries and meeting certain conditions under Rule 2a-7 under the Investment Company Act of 1940 | |
CY2021Q1 | dei |
Entity Filer Category
EntityFilerCategory
|
Non-accelerated Filer | |
CY2021Q1 | dei |
Entity Shell Company
EntityShellCompany
|
true | |
CY2021Q1 | dei |
Entity Small Business
EntitySmallBusiness
|
true | |
CY2021Q1 | dei |
Entity Emerging Growth Company
EntityEmergingGrowthCompany
|
true | |
CY2021Q1 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="font-family: "times new roman"; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt; margin-left: 4%; background: none;"><div style="font-family: "times new roman"; font-size: 10pt; background: none; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Use of Estimates </div></div></div> <div style="text-indent: 4%; font-family: "times new roman"; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt; background: none;"><div style="display:inline;"><div style="font-family: "times new roman"; font-size: 10pt; background: none; letter-spacing: 0px; top: 0px;;display:inline;">The preparation of the Company’s unaudited condensed consolidated financial statements in conformity with U.S. GAAP requires 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 expenses during the reporting period. 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. </div></div></div> <div style="font-family: "times new roman"; font-size: 10pt; background: none; letter-spacing: 0px; top: 0px;;display:inline;"> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> | |
CY2021Q1 | rtp |
Class A Common Stock Subject To Possible Redemption
ClassACommonStockSubjectToPossibleRedemption
|
<div style="font-family: "times new roman"; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt; margin-left: 4%; background: none;"><div style="font-family: "times new roman"; font-size: 10pt; background: none; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Class A Ordinary Shares Subject to Possible Redemption </div></div></div> <div style="text-indent: 4%; font-family: "times new roman"; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt; background: none;"><div style="font-family: "times new roman"; font-size: 10pt; background: none; letter-spacing: 0px; top: 0px;;display:inline;">The Company accounts for its Class A ordinary shares subject to possible redemption in accordance with the guidance in ASC Topic 480 “Distinguishing Liabilities from Equity.” Class A ordinary shares subject to mandatory redemption (if any) are classified as liability instruments and are measured at fair value. Conditionally redeemable Class A ordinary shares (including Class A ordinary shares that feature redemption rights that are either within the control of the holder or subject to redemption upon the occurrence of uncertain events not solely within the Company’s control) are classified as temporary equity. At all other times, Class A ordinary shares are classified as shareholders’ equity. The Company’s Class A ordinary shares feature certain redemption rights that are considered to be outside of the Company’s control and subject to the occurrence of uncertain future events. Accordingly, at March 31, 2021, 60,323,121 Class A ordinary shares subject to possible redemption are presented as temporary equity, outside of the shareholders’ equity section of the Company’s balance sheet. </div></div> <table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> | |
CY2021Q1 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<div style="font-family: "times new roman"; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 4%; background: none;"><div style="font-family: "times new roman"; font-size: 10pt; background: none; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Concentration of Credit Risk </div></div></div> <div style="text-indent: 4%; font-family: "times new roman"; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt; background: none;"><div style="font-family: "times new roman"; font-size: 10pt; background: none; letter-spacing: 0px; top: 0px;;display:inline;">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 Depository Insurance Coverage of $250,000, and investments held in Trust Account. At March 31, 2021, the Company has not experienced losses on these accounts and management believes the Company is not exposed to significant risks on such accounts. </div></div> <table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> | |
CY2021Q1 | rtp |
Warrants To Be Issued Description
WarrantsToBeIssuedDescription
|
Each Unit consists of one Class A ordinary share and one-quarter of one redeemable warrant (“Public Warrant”). Each whole Public Warrant will entitle the holder to purchase one Class A ordinary share at an exercise price of $11.50 per share, subject to adjustment (see Note 6). | |
CY2020Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
1694679 | |
CY2020Q4 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
507465 | |
CY2020Q4 | us-gaap |
Assets Current
AssetsCurrent
|
2202144 | |
CY2020Q4 | us-gaap |
Assets Held In Trust
AssetsHeldInTrust
|
690171366 | |
CY2020Q4 | us-gaap |
Assets
Assets
|
692373510 | |
CY2020Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
15775 | |
CY2020Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
361100 | |
CY2020Q4 | us-gaap |
Due To Related Parties Current
DueToRelatedPartiesCurrent
|
44697 | |
CY2020Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
421572 | |
CY2020Q4 | rtp |
Deferred Legal Fees Noncurrent
DeferredLegalFeesNoncurrent
|
239161 | |
CY2020Q4 | rtp |
Deferred Underwriting Commissions Noncurrent
DeferredUnderwritingCommissionsNoncurrent
|
24150000 | |
CY2020Q4 | us-gaap |
Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
|
99938040 | |
CY2020Q4 | us-gaap |
Liabilities
Liabilities
|
124748773 | |
CY2020Q4 | us-gaap |
Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
|
562624730 | |
CY2020Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
||
CY2020Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
68899593 | |
CY2020Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-63902585 | |
CY2020Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
692373510 | |
CY2021Q1 | rtp |
Reimbursable Expenses Incurred
ReimbursableExpensesIncurred
|
513000 | |
CY2021Q1 | rtp |
Underwriting Agreement Description
UnderwritingAgreementDescription
|
The underwriters were entitled to an underwriting discount of $0.20 per unit, or $13.8 million in the aggregate, paid upon the closing of the Initial Public Offering. In addition, $0.35 per unit, or approximately $24.2 million in the aggregate will be payable to the underwriters for deferred underwriting commissions. The deferred fee will become payable to the underwriters from the amounts held in the Trust Account solely in the event that the Company completes a Business Combination, subject to the terms of the underwriting agreement | |
CY2021Q1 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
5000000 | |
CY2021Q1 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | |
CY2021Q1 | rtp |
Warrant Expire Term
WarrantExpireTerm
|
P5Y | |
CY2021Q1 | rtp |
Gross Proceeds Price Percentage
GrossProceedsPricePercentage
|
0.60 | |
CY2021Q1 | rtp |
Warrants Description
WarrantsDescription
|
the volume weighted average trading price of Class A ordinary shares during the 20 trading day period starting on the trading day prior to the day on which the Company consummates its initial business Combination (such price, the “Market Value”) is below $9.20 per share, the exercise price of the warrants will be adjusted (to the nearest cent) to be equal to 115% of the higher of the Market Value and the Newly Issued Price, the $18.00 per share redemption trigger price described below under “Redemption of warrants when the price per Class A ordinary share equals or exceeds $18.00” and “Redemption of warrants when the price per Class A ordinary share equals or exceeds $10.00” will be adjusted (to the nearest cent) to be equal to 180% of the higher of the Market Value and the Newly Issued Price, and the $10.00 per share redemption trigger price described below under “Redemption of warrants when the price per Class A ordinary share equals or exceeds $10.00” will be adjusted (to the nearest cent) to be equal to the higher of the Market Value and the Newly Issued Price | |
CY2020Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
CY2020Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
5000000 | |
CY2021Q1 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | |
CY2020Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | |
CY2020Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | |
CY2021Q1 | rtp |
Cash Withdrawn From Trust Account
CashWithdrawnFromTrustAccount
|
230000 | |
CY2021Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-821647 | |
CY2021Q1 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Out Of Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3
|
0 | |
CY2021Q1 | dei |
Document Type
DocumentType
|
10-Q | |
CY2021Q1 | dei |
Entity Registrant Name
EntityRegistrantName
|
Reinvent Technology Partners | |
CY2021Q1 | dei |
Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
|
E9 | |
CY2021Q1 | dei |
Entity Ex Transition Period
EntityExTransitionPeriod
|
false | |
CY2021Q1 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2021-03-31 | |
CY2021Q1 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2021 | |
CY2021Q1 | dei |
Entity File Number
EntityFileNumber
|
001-39524 | |
CY2021Q1 | dei |
Entity Tax Identification Number
EntityTaxIdentificationNumber
|
98-1548118 | |
CY2021Q1 | dei |
Entity Address Address Line1
EntityAddressAddressLine1
|
215 Park Avenue | |
CY2021Q1 | dei |
Entity Address Address Line2
EntityAddressAddressLine2
|
Floor 11 | |
CY2021Q1 | dei |
Entity Address City Or Town
EntityAddressCityOrTown
|
New York | |
CY2021Q1 | dei |
Entity Address State Or Province
EntityAddressStateOrProvince
|
NY | |
CY2021Q1 | dei |
Entity Address Postal Zip Code
EntityAddressPostalZipCode
|
10003 | |
CY2021Q1 | dei |
City Area Code
CityAreaCode
|
212 | |
CY2021Q1 | dei |
Local Phone Number
LocalPhoneNumber
|
457-1272 | |
CY2021Q1 | dei |
Document Quarterly Report
DocumentQuarterlyReport
|
true | |
CY2021Q1 | dei |
Document Transition Report
DocumentTransitionReport
|
false | |
CY2021Q1 | rtp |
Income On Trust Account
IncomeOnTrustAccount
|
40600000 |