2022 Q3 Form 10-Q Financial Statement

#000121390022072151 Filed on November 14, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2021 Q4 2021 Q3
Revenue $4.594M $0.00 $0.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $351.8K $94.56K $111.3K
YoY Change 216.11% -27.26% 1012.9%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $411.8K $144.6K $148.1K
YoY Change 178.0% -19.67% 34.66%
Operating Profit -$411.8K -$148.1K
YoY Change 178.01%
Interest Expense $1.655M $541.0K $3.458M
YoY Change -52.13% -280.34%
% of Operating Profit
Other Income/Expense, Net $4.594M $0.00 $0.00
YoY Change -100.0%
Pretax Income $5.837M $396.5K $3.310M
YoY Change 76.37% -146.64% -3108.78%
Income Tax $117.6K $0.00 $0.00
% Of Pretax Income 2.01% 0.0% 0.0%
Net Earnings $5.720M $396.5K $3.310M
YoY Change 72.81% -146.64% -3108.78%
Net Earnings / Revenue 124.51%
Basic Earnings Per Share
Diluted Earnings Per Share $267.7K $18.12K $151.3K
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2022 Q3 2021 Q4 2021 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.436M $1.513M $1.571M
YoY Change -8.56% -24.38% -43.9%
Cash & Equivalents $1.436M $1.512M $1.571M
Short-Term Investments
Other Short-Term Assets $100.4K $103.1K $139.0K
YoY Change -27.81% -65.64%
Inventory
Prepaid Expenses $100.4K $103.1K
Receivables
Other Receivables
Total Short-Term Assets $1.537M $1.616M $1.710M
YoY Change -10.12% -29.76% -41.04%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $21.57M $175.1M $175.1M
YoY Change -87.68% 0.06% 0.05%
Other Assets
YoY Change
Total Long-Term Assets $21.57M $175.1M $175.1M
YoY Change -87.68% 0.06% 0.05%
TOTAL ASSETS
Total Short-Term Assets $1.537M $1.616M $1.710M
Total Long-Term Assets $21.57M $175.1M $175.1M
Total Assets $23.10M $176.7M $176.8M
YoY Change -86.93% -0.32% -0.62%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $581.3K $256.2K $205.8K
YoY Change 182.53% 28.1% -58.85%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $603.5K $256.2K $205.8K
YoY Change 193.3% 28.1% -65.71%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $2.203M $15.66M $16.18M
YoY Change -86.38% -26.47% 165.24%
Total Long-Term Liabilities $2.203M $15.66M $16.18M
YoY Change -86.38% -26.47% 165.24%
TOTAL LIABILITIES
Total Short-Term Liabilities $603.5K $256.2K $205.8K
Total Long-Term Liabilities $2.203M $15.66M $16.18M
Total Liabilities $2.806M $15.92M $16.39M
YoY Change -82.87% -25.96% 140.96%
SHAREHOLDERS EQUITY
Retained Earnings -$820.2K -$14.19M
YoY Change
Common Stock $0.00 $0.00 $0.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$217.6K -$14.19M $160.4M
YoY Change
Total Liabilities & Shareholders Equity $23.10M $176.7M $176.8M
YoY Change -86.93% -0.32% -0.62%

Cashflow Statement

Concept 2022 Q3 2021 Q4 2021 Q3
OPERATING ACTIVITIES
Net Income $5.720M $396.5K $3.310M
YoY Change 72.81% -146.64% -3108.78%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities -$406.1K -$58.19K -$55.89K
YoY Change 626.59% -80.6% 179.45%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities $155.5M $0.00 $0.00
YoY Change -100.0%
Cash From Investing Activities $155.5M $0.00 $0.00
YoY Change -100.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -154.9M 0.000 0.000
YoY Change -100.0% -100.0%
NET CHANGE
Cash From Operating Activities -406.1K -58.19K -55.89K
Cash From Investing Activities 155.5M 0.000 0.000
Cash From Financing Activities -154.9M 0.000 0.000
Net Change In Cash 267.4K -58.19K -55.89K
YoY Change -578.46% -93.07% -101.98%
FREE CASH FLOW
Cash From Operating Activities -$406.1K -$58.19K -$55.89K
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2022-09-30
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2022
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
001-39534
dei Entity Registrant Name
EntityRegistrantName
PMV Consumer Acquisition Corp.
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
84-5174573
dei Entity Address Address Line1
EntityAddressAddressLine1
249 Royal Palm Way
dei Entity Address Address Line2
EntityAddressAddressLine2
Suite 503
dei Entity Address City Or Town
EntityAddressCityOrTown
Palm Beach
dei Entity Address State Or Province
EntityAddressStateOrProvince
FL
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
33480
dei City Area Code
CityAreaCode
(561)
dei Local Phone Number
LocalPhoneNumber
318-3766
dei Security12b Title
Security12bTitle
Class A Common Stock, par value $0.0001 per share
dei Trading Symbol
TradingSymbol
PMVC
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
dei Entity Small Business
EntitySmallBusiness
true
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
true
dei Entity Ex Transition Period
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dei Entity Shell Company
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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif"><b><i><span style="text-decoration:underline">Use of Estimates</span></i></b></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The preparation of 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 reported amounts of expenses during the reporting period.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">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 condensed financial statements, which management considered in formulating its estimate, could change in the near term due to one or more future confirming events. One of the more significant accounting estimates included in these condensed financial statements is the determination of the fair value of the warrant liabilities. Such estimates may be subject to change as more current information becomes available and accordingly the actual results could differ significantly from those estimates.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif"> </span></p>
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On August 3, 2020, the Company effected a 1.4-for-1 forward stock split of its issued and outstanding shares of Class B convertible common stock, resulting in an aggregate of 5,031,250 Founder Shares being outstanding, of which an aggregate of up to 656,250 shares were subject to forfeiture by the Sponsor to the extent that the underwriters’ over-allotment option was not exercised in full or in part so that the Sponsor would own, on an as-converted basis, 20% of the Company’s issued and outstanding shares after the Initial Public Offering (assuming the Sponsor did not purchase any Public Shares in the Initial Public Offering).
pmvc Sale Of Stock Number Of Share Issued In Transactions
SaleOfStockNumberOfShareIssuedInTransactions
17500000 shares
CY2022Q3 us-gaap Shares Issued Price Per Share
SharesIssuedPricePerShare
10
CY2022Q3 pmvc Sponsor Owned Shares
SponsorOwnedShares
4175000 shares
CY2020Q3 pmvc Administrative Fees
AdministrativeFees
10000 usd
CY2022Q3 us-gaap Investment Company Shareholder Service Fee Expense
InvestmentCompanyShareholderServiceFeeExpense
30000 usd
us-gaap Investment Company Shareholder Service Fee Expense
InvestmentCompanyShareholderServiceFeeExpense
30000 usd
CY2021Q3 us-gaap Investment Company Shareholder Service Fee Expense
InvestmentCompanyShareholderServiceFeeExpense
90000 usd
us-gaap Investment Company Shareholder Service Fee Expense
InvestmentCompanyShareholderServiceFeeExpense
90000 usd
CY2022Q3 us-gaap Accrued Liabilities For Commissions Expense And Taxes
AccruedLiabilitiesForCommissionsExpenseAndTaxes
242000 usd
CY2021Q4 us-gaap Accrued Liabilities For Commissions Expense And Taxes
AccruedLiabilitiesForCommissionsExpenseAndTaxes
152000 usd
pmvc Underwriting Deferred Fee
UnderwritingDeferredFee
0.35
CY2022Q3 us-gaap Investment Banking Advisory Brokerage And Underwriting Fees And Commissions
InvestmentBankingAdvisoryBrokerageAndUnderwritingFeesAndCommissions
4593750 usd
CY2022Q3 us-gaap Net Investment Income
NetInvestmentIncome
4593750 usd
us-gaap Payments For Underwriting Expense
PaymentsForUnderwritingExpense
1531250 usd
CY2021 us-gaap Payments For Underwriting Expense
PaymentsForUnderwritingExpense
6125000 usd
CY2022Q3 pmvc Excise Tax Percentage
ExciseTaxPercentage
0.01 pure
pmvc Excise Tax Percentage
ExciseTaxPercentage
0.01 pure
CY2022Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
20000000 shares
CY2022Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2022Q3 us-gaap Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased
20000000 shares
pmvc Shares Outstanding Percentage Of Initial Public Offering
SharesOutstandingPercentageOfInitialPublicOffering
0.20 pure
CY2022Q3 us-gaap Warrants And Rights Outstanding Term
WarrantsAndRightsOutstandingTerm
P5Y
pmvc Warrants For Redemption Description
WarrantsForRedemptionDescription
●in whole and not in part; ●at a price of $0.01 per warrant;   ●upon not less than 30 days’ prior written notice of redemption;   ●if, and only if, the reported last sale price of the Company’s common stock equals or exceeds $18.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like and subject to adjustment as described below) for any 20 trading days within a 30-trading day period ending on the third business day prior to the notice of redemption to the warrant holders; and   ●If, and only if, there is a current registration statement in effect with respect to the shares of common stock underlying the warrants.  
CY2022Q3 pmvc Effective Issue Prices
EffectiveIssuePrices
9.2
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Per Share Weighted Average Price Of Shares Purchased
ShareBasedCompensationArrangementByShareBasedPaymentAwardPerShareWeightedAveragePriceOfSharesPurchased
9.2
pmvc Fair Market Value Percentage
FairMarketValuePercentage
1.15 pure
us-gaap Other Underwriting Expense
OtherUnderwritingExpense
6125000 usd
CY2022Q3 us-gaap Other Ownership Interests Offering Costs
OtherOwnershipInterestsOfferingCosts
507390 usd
pmvc Offset Credit By Underwriters
OffsetCreditByUnderwriters
175000 usd
CY2022Q3 us-gaap Cash
Cash
1436262 usd
CY2020Q3 us-gaap Sale Of Stock Description Of Transaction
SaleOfStockDescriptionOfTransaction
Following the closing of the Initial Public Offering on September 24, 2020, an amount of $175,000,000 ($10.00 per Unit) from the net proceeds of the sale of the Units in the Initial Public Offering and the sale of the Private Warrants was placed in a trust account (the “Trust Account”) located in the United States, which will only be invested in U.S. government securities, within the meaning set forth in Section 2(a)(16) of the Investment Company Act of 1940, as amended (the “Investment Company Act”), with a maturity of 180 days or less or in any open-end investment company that holds itself out as a money market fund selected by the Company meeting the conditions of Rule 2a-7 of the Investment Company Act, as determined by the Company, until the earlier of: (i) the completion of a Business Combination and (ii) the distribution of the Trust Account, as described below.
pmvc Business Combination Fair Market Value Percentage
BusinessCombinationFairMarketValuePercentage
0.80 pure
pmvc Percentage Of Outstanding Voting Securities
PercentageOfOutstandingVotingSecurities
0.50 pure
pmvc Public Share Price Per Share
PublicSharePricePerShare
10
CY2022Q3 us-gaap Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
5000001 usd
CY2022Q3 pmvc Net Tangible Book Value
NetTangibleBookValue
5000001 usd
CY2022Q3 pmvc Public Share Percentage
PublicSharePercentage
0.20 pure
CY2022Q3 pmvc Public Shares Redeem Percentage
PublicSharesRedeemPercentage
1 pure
CY2022Q3 us-gaap Common Stock Other Shares Outstanding
CommonStockOtherSharesOutstanding
200000 shares
CY2022Q3 us-gaap Treasury Stock Preferred Shares
TreasuryStockPreferredShares
20000000 shares
CY2022Q3 us-gaap Sale Of Stock Percentage Of Ownership After Transaction
SaleOfStockPercentageOfOwnershipAfterTransaction
0.20 pure
CY2022Q3 pmvc Stockholders Holding Description
StockholdersHoldingDescription
At the special meeting of stockholders on September 21, 2022, in connection with the extension, stockholders holding 15,453,391 shares of Class A common stock exercised their right to redeem such shares for a pro rata portion of the funds in the Trust Account. As a result, $154,874,303 (approximately $10.02 per share), which included $340,393 of interest earned on the Trust Account which was not previously used to pay the Company’s tax obligation, was removed from the Trust Account to pay such holders. Following these redemptions, the Company had 2,046,609 shares of Class A common stock outstanding and the aggregate amount remaining in the Trust Account at the time was $20,511,170. 
pmvc Public Price Per Share
PublicPricePerShare
10
pmvc Reduction Per Shares
ReductionPerShares
10 usd
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif"><b><i><span style="text-decoration:underline">Reclassifications</span></i></b></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif">Certain reclassifications have been made to the historical financial statements to conform to the current year’s presentation. Certain balances in the September 30, 2021 cash flow have been presented on a net basis to conform to the current period presentation. Such reclassifications have no effect on net income as previously reported.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif"> </span></p>
CY2022Q3 us-gaap Marketable Securities Noncurrent
MarketableSecuritiesNoncurrent
21565725 usd
CY2022Q3 pmvc Warrant Liability Public Warrants
WarrantLiabilityPublicWarrants
378875 usd
CY2022Q3 pmvc Warrant Liability Private Placement Warrants
WarrantLiabilityPrivatePlacementWarrants
292740 usd
CY2021Q4 us-gaap Marketable Securities Noncurrent
MarketableSecuritiesNoncurrent
175109162 usd
CY2021Q4 pmvc Warrant Liability Public Warrants
WarrantLiabilityPublicWarrants
5600000 usd
CY2021Q4 pmvc Warrant Liability Private Placement Warrants
WarrantLiabilityPrivatePlacementWarrants
3937845 usd
CY2022Q3 us-gaap Fair Value Concentration Of Risk Cash And Cash Equivalents
FairValueConcentrationOfRiskCashAndCashEquivalents
0 usd
CY2021Q4 us-gaap Fair Value Concentration Of Risk Cash And Cash Equivalents
FairValueConcentrationOfRiskCashAndCashEquivalents
195 usd
CY2022Q3 us-gaap Interest And Other Income
InterestAndOtherIncome
673497 usd
us-gaap Interest And Other Income
InterestAndOtherIncome
673497 usd
CY2022Q3 us-gaap Share Price
SharePrice
9.9
CY2021Q4 us-gaap Share Price
SharePrice
9.83
CY2022Q3 pmvc Fair Value Measurement Strike Price
FairValueMeasurementStrikePrice
11.5
CY2021Q4 pmvc Fair Value Measurement Strike Price
FairValueMeasurementStrikePrice
11.5
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.0103 pure
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.1367 pure
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0412 pure
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0071 pure
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0 pure
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0 pure
CY2022Q3 pmvc Business Combination Step Acquisition Equity Interest In Acquiree Percentage1
BusinessCombinationStepAcquisitionEquityInterestInAcquireePercentage1
0.50 pure
CY2021Q4 pmvc Business Combination Step Acquisition Equity Interest In Acquiree Percentage1
BusinessCombinationStepAcquisitionEquityInterestInAcquireePercentage1
0.70 pure
pmvc Fair Value Initial Measurement
FairValueInitialMeasurement
14864500 usd
CY2020Q4 pmvc Change In Fair Value Recognized In Earnings
ChangeInFairValueRecognizedInEarnings
333500 usd
CY2020Q4 pmvc Fair Value Of Warrant Liabilities
FairValueOfWarrantLiabilities
15198000 usd
CY2021Q1 pmvc Change In Fair Value Recognized In Earnings
ChangeInFairValueRecognizedInEarnings
236500 usd
CY2021Q1 pmvc Fair Value Of Warrant Liabilities
FairValueOfWarrantLiabilities
15434500 usd
CY2021Q2 pmvc Change In Fair Value Recognized In Earnings
ChangeInFairValueRecognizedInEarnings
-1931465 usd
CY2021Q2 pmvc Fair Value Of Warrant Liabilities
FairValueOfWarrantLiabilities
13503035 usd
CY2021Q3 pmvc Change In Fair Value Recognized In Earnings
ChangeInFairValueRecognizedInEarnings
-3448467 usd
CY2021Q3 pmvc Fair Value Of Warrant Liabilities
FairValueOfWarrantLiabilities
10054568 usd
CY2021Q4 pmvc Transfer Of Public Warrants To Level1
TransferOfPublicWarrantsToLevel1
-5929000 usd
CY2021Q4 pmvc Change In Fair Value Recognized In Earnings
ChangeInFairValueRecognizedInEarnings
-187723 usd
CY2021Q4 pmvc Fair Value Of Warrant Liabilities
FairValueOfWarrantLiabilities
3937845 usd
CY2022Q1 pmvc Change In Fair Value Recognized In Earnings
ChangeInFairValueRecognizedInEarnings
-2338845 usd
CY2022Q1 pmvc Fair Value Of Warrant Liabilities
FairValueOfWarrantLiabilities
1599000 usd
CY2022Q2 pmvc Change In Fair Value Recognized In Earnings
ChangeInFairValueRecognizedInEarnings
-921526 usd
CY2022Q2 pmvc Fair Value Of Warrant Liabilities
FairValueOfWarrantLiabilities
677474 usd
CY2022Q3 pmvc Change In Fair Value Recognized In Earnings
ChangeInFairValueRecognizedInEarnings
-384734 usd
CY2022Q3 pmvc Fair Value Of Warrant Liabilities
FairValueOfWarrantLiabilities
292740 usd
CY2022Q3 pmvc Aggregate Share
AggregateShare
200000 shares
CY2021Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
usd
CY2022Q3 us-gaap Common Stock Value
CommonStockValue
usd
CY2021Q4 us-gaap Common Stock Value
CommonStockValue
usd
CY2022Q3 pmvc Common Stock Value Two
CommonStockValueTwo
usd
CY2021Q4 pmvc Common Stock Value Two
CommonStockValueTwo
usd
CY2022Q3 pmvc Common Stock Value Three
CommonStockValueThree
usd
CY2021Q4 pmvc Common Stock Value Three
CommonStockValueThree
usd
CY2021Q3 pmvc Forgiveness Of Deferred Underwriting Fee Payable
ForgivenessOfDeferredUnderwritingFeePayable
usd
pmvc Forgiveness Of Deferred Underwriting Fee Payable
ForgivenessOfDeferredUnderwritingFeePayable
usd
CY2021Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
usd
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
usd
pmvc Cash Withdrawn From Trust Account To Reimburse Expenses
CashWithdrawnFromTrustAccountToReimburseExpenses
usd
pmvc Cash Withdrawn From Trust Account To Redeeming Investors
CashWithdrawnFromTrustAccountToRedeemingInvestors
usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
usd
pmvc Contribution Of Class B Common Stock To The Trust Account
ContributionOfClassBCommonStockToTheTrustAccount
usd
CY2022Q3 us-gaap Deferred Costs And Other Assets
DeferredCostsAndOtherAssets
usd
CY2022Q3 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
usd
CY2020Q1 pmvc Fair Value Of Warrant Liabilities
FairValueOfWarrantLiabilities
usd
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Entity Central Index Key
EntityCentralIndexKey
0001807765

Files In Submission

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f10q0922_pmvconsumer_htm.xml Edgar Link completed
pmvc-20220930_lab.xml Edgar Link unprocessable
pmvc-20220930_def.xml Edgar Link unprocessable
pmvc-20220930_pre.xml Edgar Link unprocessable
0001213900-22-072151-index-headers.html Edgar Link pending
0001213900-22-072151-index.html Edgar Link pending
0001213900-22-072151.txt Edgar Link pending
0001213900-22-072151-xbrl.zip Edgar Link pending
f10q0922ex31-1_pmvconsumer.htm Edgar Link pending
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Financial_Report.xlsx Edgar Link pending
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pmvc-20220930.xsd Edgar Link pending
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