2021 Q1 Form 10-Q Financial Statement
#000114036121019768 Filed on June 03, 2021
Income Statement
Concept | 2021 Q1 | 2020 Q1 |
---|---|---|
Revenue | $0.00 | |
YoY Change | ||
Cost Of Revenue | $1.590M | |
YoY Change | ||
Gross Profit | $3.620M | |
YoY Change | ||
Gross Profit Margin | ||
Selling, General & Admin | $3.180M | |
YoY Change | ||
% of Gross Profit | 87.85% | |
Research & Development | $1.550M | |
YoY Change | ||
% of Gross Profit | 42.82% | |
Depreciation & Amortization | $10.00K | |
YoY Change | ||
% of Gross Profit | 0.28% | |
Operating Expenses | $95.58K | $5.025K |
YoY Change | 1802.05% | |
Operating Profit | -$95.58K | -$5.025K |
YoY Change | 1802.05% | |
Interest Expense | $5.790K | |
YoY Change | ||
% of Operating Profit | ||
Other Income/Expense, Net | -$1.968M | $0.00 |
YoY Change | ||
Pretax Income | -$2.063M | |
YoY Change | ||
Income Tax | $0.00 | |
% Of Pretax Income | ||
Net Earnings | -$2.063M | $0.00 |
YoY Change | ||
Net Earnings / Revenue | ||
Basic Earnings Per Share | ||
Diluted Earnings Per Share | -$41.82K | |
COMMON SHARES | ||
Basic Shares Outstanding | ||
Diluted Shares Outstanding |
Balance Sheet
Concept | 2021 Q1 | 2020 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $814.0K | |
YoY Change | ||
Cash & Equivalents | $814.0K | $0.00 |
Short-Term Investments | ||
Other Short-Term Assets | $495.4K | |
YoY Change | ||
Inventory | ||
Prepaid Expenses | $495.4K | |
Receivables | ||
Other Receivables | ||
Total Short-Term Assets | $1.309M | |
YoY Change | ||
LONG-TERM ASSETS | ||
Property, Plant & Equipment | ||
YoY Change | ||
Goodwill | ||
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | $200.0M | |
YoY Change | ||
Other Assets | ||
YoY Change | ||
Total Long-Term Assets | $200.0M | |
YoY Change | ||
TOTAL ASSETS | ||
Total Short-Term Assets | $1.309M | |
Total Long-Term Assets | $200.0M | |
Total Assets | $201.3M | |
YoY Change | ||
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $43.96K | |
YoY Change | ||
Accrued Expenses | $108.0K | |
YoY Change | ||
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | |
YoY Change | ||
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $152.0K | |
YoY Change | ||
LONG-TERM LIABILITIES | ||
Long-Term Debt | $0.00 | |
YoY Change | ||
Other Long-Term Liabilities | $28.12M | |
YoY Change | ||
Total Long-Term Liabilities | $28.12M | |
YoY Change | ||
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $152.0K | |
Total Long-Term Liabilities | $28.12M | |
Total Liabilities | $28.27M | |
YoY Change | ||
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$28.15M | |
YoY Change | ||
Common Stock | ||
YoY Change | ||
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | -$26.96M | $0.00 |
YoY Change | ||
Total Liabilities & Shareholders Equity | $201.3M | |
YoY Change |
Cashflow Statement
Concept | 2021 Q1 | 2020 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | -$2.063M | $0.00 |
YoY Change | ||
Depreciation, Depletion And Amortization | $10.00K | |
YoY Change | ||
Cash From Operating Activities | -$547.0K | -$25.00 |
YoY Change | 2188048.0% | |
INVESTING ACTIVITIES | ||
Capital Expenditures | $40.00K | |
YoY Change | ||
Acquisitions | ||
YoY Change | ||
Other Investing Activities | -$200.0M | |
YoY Change | ||
Cash From Investing Activities | -$200.0M | $0.00 |
YoY Change | ||
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | $0.00 | $25.00K |
YoY Change | -100.0% | |
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | 201.2M | 217.0K |
YoY Change | 92618.21% | |
NET CHANGE | ||
Cash From Operating Activities | -547.0K | -25.00 |
Cash From Investing Activities | -200.0M | 0.000 |
Cash From Financing Activities | 201.2M | 217.0K |
Net Change In Cash | 628.3K | 217.0K |
YoY Change | 189.6% | |
FREE CASH FLOW | ||
Cash From Operating Activities | -$547.0K | -$25.00 |
Capital Expenditures | $40.00K | |
Free Cash Flow | -$587.0K | |
YoY Change |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2020Q4 | us-gaap |
Accounts Payable Underwriters Promoters And Employees Other Than Salaries And Wages Current
AccountsPayableUnderwritersPromotersAndEmployeesOtherThanSalariesAndWagesCurrent
|
332899 | |
CY2021Q1 | us-gaap |
Accounts Payable Underwriters Promoters And Employees Other Than Salaries And Wages Current
AccountsPayableUnderwritersPromotersAndEmployeesOtherThanSalariesAndWagesCurrent
|
108000 | |
CY2020Q4 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
0 | |
CY2021Q1 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
43964 | |
CY2021Q1 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
7067430 | |
CY2020Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
24497 | |
CY2021Q1 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
8257666 | |
CY2020Q4 | us-gaap |
Assets
Assets
|
602835 | |
CY2021Q1 | us-gaap |
Assets
Assets
|
201315254 | |
CY2021Q1 | us-gaap |
Assets Current
AssetsCurrent
|
1309466 | |
CY2020Q4 | us-gaap |
Assets Current
AssetsCurrent
|
185752 | |
CY2020Q4 | us-gaap |
Assets Held In Trust Noncurrent
AssetsHeldInTrustNoncurrent
|
0 | |
CY2021Q1 | us-gaap |
Assets Held In Trust Noncurrent
AssetsHeldInTrustNoncurrent
|
200005788 | |
CY2021Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
628291 | |
CY2020Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
216950 | |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
185752 | |
CY2020Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
0 | |
CY2021Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
814043 | |
CY2020Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
216950 | |
CY2020Q4 | us-gaap |
Cash
Cash
|
185752 | |
CY2021Q1 | us-gaap |
Cash
Cash
|
814043 | |
CY2021Q1 | us-gaap |
Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
|
0 | |
CY2020Q4 | us-gaap |
Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
|
0 | |
CY2020Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
||
CY2021Q1 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
||
CY2021Q1 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: justify; font-style: italic; font-weight: bold;">Concentration of Credit Risk</div><div><br /></div><div style="text-align: justify;">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 Corporation coverage limit 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 account.</div></div> | |
CY2021Q1 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Out Of Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3
|
0 | |
CY2021Q1 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Out Of Level3
FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3
|
0 | |
CY2021Q1 | us-gaap |
Deferred Costs
DeferredCosts
|
0 | |
CY2020Q4 | us-gaap |
Deferred Costs
DeferredCosts
|
417083 | |
CY2021Q1 | us-gaap |
Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
|
-1120000 | |
CY2020Q1 | us-gaap |
Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
|
0 | |
CY2020Q4 | us-gaap |
Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
|
0 | |
CY2021Q1 | us-gaap |
Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
|
21120000 | |
CY2021Q1 | us-gaap |
Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
|
22400000 | |
CY2021Q1 | us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
1120000 | |
CY2020Q1 | us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
0 | |
CY2021Q1 | us-gaap |
Fair Value Assets Level1 To Level2 Transfers Amount
FairValueAssetsLevel1ToLevel2TransfersAmount
|
0 | |
CY2021Q1 | us-gaap |
Fair Value Liabilities Level1 To Level2 Transfers Amount
FairValueLiabilitiesLevel1ToLevel2TransfersAmount
|
0 | |
CY2021Q1 | us-gaap |
Fair Value Assets Level2 To Level1 Transfers Amount
FairValueAssetsLevel2ToLevel1TransfersAmount
|
0 | |
CY2021Q1 | us-gaap |
Fair Value Liabilities Level2 To Level1 Transfers Amount
FairValueLiabilitiesLevel2ToLevel1TransfersAmount
|
0 | |
CY2021Q1 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Liability Transfers Into Level3
FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersIntoLevel3
|
0 | |
CY2021Q1 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Into Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3
|
0 | |
CY2020Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
0 | |
CY2021Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
43964 | |
CY2021Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
495423 | |
CY2020Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
0 | |
CY2021Q1 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
5788 | |
CY2020Q1 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
0 | |
CY2021Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
201315254 | |
CY2020Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
602835 | |
CY2021Q1 | us-gaap |
Liabilities
Liabilities
|
28271964 | |
CY2020Q4 | us-gaap |
Liabilities
Liabilities
|
582899 | |
CY2020Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
582899 | |
CY2021Q1 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
151964 | |
CY2020Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-25 | |
CY2021Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-547037 | |
CY2020Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-5025 | |
CY2021Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2063176 | |
CY2021Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-200000000 | |
CY2020Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
0 | |
CY2021Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
201175328 | |
CY2020Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
216975 | |
CY2021Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-1967598 | |
CY2020Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
0 | |
CY2020Q4 | us-gaap |
Notes Payable Related Parties Classified Current
NotesPayableRelatedPartiesClassifiedCurrent
|
250000 | |
CY2021Q1 | us-gaap |
Notes Payable Related Parties Classified Current
NotesPayableRelatedPartiesClassifiedCurrent
|
0 | |
CY2020Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
5025 | |
CY2021Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
95578 | |
CY2020Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-5025 | |
CY2021Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-95578 | |
CY2021Q1 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
574672 | |
CY2020Q1 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
18025 | |
CY2021Q1 | us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
200000000 | |
CY2020Q1 | us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
0 | |
CY2021Q1 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | |
CY2020Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | |
CY2020Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | |
CY2021Q1 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | |
CY2020Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | |
CY2021Q1 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | |
CY2021Q1 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
CY2020Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
CY2021Q1 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
1000000 | |
CY2020Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
1000000 | |
CY2020Q4 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
0 | |
CY2021Q1 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
495423 | |
CY2020Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
25000 | |
CY2021Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
0 | |
CY2021Q1 | us-gaap |
Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
|
196000000 | |
CY2020Q1 | us-gaap |
Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
|
0 | |
CY2021Q1 | us-gaap |
Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
|
200000000 | |
CY2021Q1 | us-gaap |
Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
|
6000000 | |
CY2020Q1 | us-gaap |
Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
|
0 | |
CY2021Q1 | us-gaap |
Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
|
6000000 | |
CY2020Q1 | us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
210000 | |
CY2021Q1 | us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
0 | |
CY2020Q1 | us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
0 | |
CY2021Q1 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001801602 | |
CY2021Q1 | us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
250000 | |
CY2020Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-5064 | |
CY2021Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-2068240 | |
CY2021Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-3258493 | |
CY2020Q1 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
25000 | |
CY2020Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
19936 | |
CY2021Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
5000010 | |
CY2020Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
0 | |
CY2020Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
19975 | |
CY2021Q1 | us-gaap |
Temporary Equity Redemption Price Per Share
TemporaryEquityRedemptionPricePerShare
|
10.00 | |
CY2020Q4 | us-gaap |
Temporary Equity Redemption Price Per Share
TemporaryEquityRedemptionPricePerShare
|
10.00 | |
CY2021Q1 | us-gaap |
Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
|
16804328 | |
CY2020Q4 | us-gaap |
Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
|
0 | |
CY2020Q4 | us-gaap |
Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
|
0 | |
CY2021Q1 | us-gaap |
Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
|
168043280 | |
CY2021Q1 | us-gaap |
Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
|
166853030 | |
CY2020Q4 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
|
0 | |
CY2021Q1 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
|
0 | |
CY2021Q1 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
0 | |
CY2020Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
0 | |
CY2021Q1 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: justify; font-style: italic; font-weight: bold;">Use of Estimates</div><div><br /></div><div style="text-align: justify;">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.</div><div><br /></div><div style="font-family: 'Times New Roman', Times, serif;"><font style="color: #000000;">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. </font>One of the more significant accounting estimates included in these unaudited condensed financial statements is the determination of the fair value of the warrant liability. <font style="color: #000000;">Accordingly, the actual results could differ significantly from those estimates.</font></div></div> | |
CY2020 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
0 | |
CY2021Q1 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2021Q1 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | |
CY2021Q1 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2021-03-31 | |
CY2021Q1 | dei |
Entity Address State Or Province
EntityAddressStateOrProvince
|
NY | |
CY2021Q1 | dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | |
CY2021Q1 | dei |
Entity Filer Category
EntityFilerCategory
|
Non-accelerated Filer | |
CY2021Q1 | dei |
Entity Registrant Name
EntityRegistrantName
|
Tuatara Capital Acquisition Corp | |
CY2021Q1 | tcac |
Deferred Underwriting Commissions Per Unit
DeferredUnderwritingCommissionsPerUnit
|
0.35 | |
CY2021Q1 | tcac |
Deferred Underwriting Commissions
DeferredUnderwritingCommissions
|
7000000 | |
CY2021Q1 | tcac |
Additional Units That Can Be Purchased To Cover Over Allotments
AdditionalUnitsThatCanBePurchasedToCoverOverAllotments
|
2625000 | |
CY2021Q1 | tcac |
Reclassifications Of Permanent To Temporary Equity Value
ReclassificationsOfPermanentToTemporaryEquityValue
|
168043280 | |
CY2021Q1 | tcac |
Founder Shares Forfeited Value
FounderSharesForfeitedValue
|
0 | |
CY2021Q1 | tcac |
Period To Exercise Warrants After Closing Of Initial Public Offering
PeriodToExerciseWarrantsAfterClosingOfInitialPublicOffering
|
P12M | |
CY2021Q1 | tcac |
Trading Day Period To Calculate Volume Weighted Average Trading Price Following Notice Of Redemption
TradingDayPeriodToCalculateVolumeWeightedAverageTradingPriceFollowingNoticeOfRedemption
|
P10D | |
CY2021Q1 | tcac |
Period For Registration Statement To Become Effective
PeriodForRegistrationStatementToBecomeEffective
|
P60D | |
CY2021Q1 | tcac |
Period To Exercise Warrants After Business Combination
PeriodToExerciseWarrantsAfterBusinessCombination
|
P30D | |
CY2021Q1 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2021 | |
CY2021Q1 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q1 | |
CY2021Q1 | dei |
Document Type
DocumentType
|
10-Q | |
CY2021Q1 | dei |
Entity Interactive Data Current
EntityInteractiveDataCurrent
|
Yes | |
CY2021Q1 | dei |
Entity Shell Company
EntityShellCompany
|
true | |
CY2021Q1 | dei |
Entity Emerging Growth Company
EntityEmergingGrowthCompany
|
true | |
CY2021Q1 | dei |
Entity Ex Transition Period
EntityExTransitionPeriod
|
false | |
CY2021Q1 | dei |
Entity Small Business
EntitySmallBusiness
|
true | |
CY2020Q1 | tcac |
Transaction Costs Allocated To Warrant Liabilities
TransactionCostsAllocatedToWarrantLiabilities
|
0 | |
CY2021Q1 | tcac |
Transaction Costs Allocated To Warrant Liabilities
TransactionCostsAllocatedToWarrantLiabilities
|
853386 | |
CY2020Q4 | tcac |
Deferred Underwriting Fee Payable Non Current
DeferredUnderwritingFeePayableNonCurrent
|
0 | |
CY2021Q1 | tcac |
Deferred Underwriting Fee Payable Non Current
DeferredUnderwritingFeePayableNonCurrent
|
7000000 | |
CY2021Q1 | tcac |
Shares Issued In Initial Public Offering During Period Value New Issues
SharesIssuedInInitialPublicOfferingDuringPeriodValueNewIssues
|
175086530 | |
CY2021Q1 | tcac |
Class Of Warrant Or Right Threshold Trigger Price For Redemption
ClassOfWarrantOrRightThresholdTriggerPriceForRedemption
|
10.00 | |
CY2021Q1 | tcac |
Period To File Registration Statement After Initial Business Combination
PeriodToFileRegistrationStatementAfterInitialBusinessCombination
|
P15D | |
CY2021Q1 | tcac |
Payment Of Formation Costs Through Promissory Note By Sponsor
PaymentOfFormationCostsThroughPromissoryNoteBySponsor
|
0 | |
CY2020Q1 | tcac |
Payment Of Formation Costs Through Promissory Note By Sponsor
PaymentOfFormationCostsThroughPromissoryNoteBySponsor
|
5000 | |
CY2020Q1 | tcac |
Payment Of Offering Costs Through Promissory Note
PaymentOfOfferingCostsThroughPromissoryNote
|
35000 | |
CY2021Q1 | tcac |
Payment Of Offering Costs Through Promissory Note
PaymentOfOfferingCostsThroughPromissoryNote
|
0 | |
CY2021Q1 | tcac |
Deferred Underwriting Fee Charged To Additional Paid In Capital
DeferredUnderwritingFeeChargedToAdditionalPaidInCapital
|
7000000 | |
CY2020Q1 | tcac |
Deferred Underwriting Fee Charged To Additional Paid In Capital
DeferredUnderwritingFeeChargedToAdditionalPaidInCapital
|
0 | |
CY2021Q1 | tcac |
Offering Costs Included In Accrued Offering Costs
OfferingCostsIncludedInAccruedOfferingCosts
|
108000 | |
CY2020Q1 | tcac |
Offering Costs Included In Accrued Offering Costs
OfferingCostsIncludedInAccruedOfferingCosts
|
237099 | |
CY2020Q1 | tcac |
Initial Classification Of Common Stock Subject To Redemption
InitialClassificationOfCommonStockSubjectToRedemption
|
0 | |
CY2021Q1 | tcac |
Initial Classification Of Common Stock Subject To Redemption
InitialClassificationOfCommonStockSubjectToRedemption
|
166853030 | |
CY2021Q1 | tcac |
Change In Value Of Ordinary Shares Subject To Possible Redemption
ChangeInValueOfOrdinarySharesSubjectToPossibleRedemption
|
1190250 | |
CY2020Q1 | tcac |
Change In Value Of Ordinary Shares Subject To Possible Redemption
ChangeInValueOfOrdinarySharesSubjectToPossibleRedemption
|
0 | |
CY2021Q1 | tcac |
Stock Conversion As Converted Percentage
StockConversionAsConvertedPercentage
|
0.2 | |
CY2021Q1 | tcac |
Stock Conversion Ratio
StockConversionRatio
|
1 | |
CY2021Q1 | tcac |
Offering Costs
OfferingCosts
|
11766856 | |
CY2021Q1 | tcac |
Offering Costs
OfferingCosts
|
11766856 | |
CY2021Q1 | tcac |
Underwriting Fees
UnderwritingFees
|
4000000 | |
CY2021Q1 | tcac |
Underwriting Fees Deferred
UnderwritingFeesDeferred
|
7000000 | |
CY2021Q1 | tcac |
Other Offering Costs
OtherOfferingCosts
|
766856 | |
CY2021Q1 | tcac |
Period To Prior To The Completion Of Business Combination
PeriodToPriorToTheCompletionOfBusinessCombination
|
P2D | |
CY2021Q1 | tcac |
Percentage Of Public Shares That Would Not Be Redeemed If Business Combination Is Not Completed Within Initial Combination Period
PercentageOfPublicSharesThatWouldNotBeRedeemedIfBusinessCombinationIsNotCompletedWithinInitialCombinationPeriod
|
1 | |
CY2021Q1 | tcac |
Cash Deposited In Trust Account Per Unit
CashDepositedInTrustAccountPerUnit
|
10.00 | |
CY2021Q1 | tcac |
Net Tangible Asset Threshold For Redeeming Public Shares
NetTangibleAssetThresholdForRedeemingPublicShares
|
5000001 | |
CY2021Q1 | tcac |
Period To Complete Business Combination From Closing Of Initial Public Offering
PeriodToCompleteBusinessCombinationFromClosingOfInitialPublicOffering
|
P24M | |
CY2021Q1 | tcac |
Period To Redeem Public Shares If Business Combination Is Not Completed Within Initial Combination Period
PeriodToRedeemPublicSharesIfBusinessCombinationIsNotCompletedWithinInitialCombinationPeriod
|
P10D | |
CY2021Q1 | tcac |
Percentage Of Public Shares That Can Be Redeemed Without Prior Consent
PercentageOfPublicSharesThatCanBeRedeemedWithoutPriorConsent
|
0.15 | |
CY2021Q1 | tcac |
Option For Underwriters To Purchase Additional Units Term
OptionForUnderwritersToPurchaseAdditionalUnitsTerm
|
P45D | |
CY2021Q1 | tcac |
Excess Of Fair Value Of Warrants Over Purchase Price
ExcessOfFairValueOfWarrantsOverPurchasePrice
|
2400000 | |
CY2021Q1 | tcac |
Percentage For Warrant Holders To Accept Tender Offer
PercentageForWarrantHoldersToAcceptTenderOffer
|
0.5 | |
CY2021Q1 | tcac |
Offering Costs Of Initial Public Offering
OfferingCostsOfInitialPublicOffering
|
10913470 |