Quarterly report pursuant to Section 13 or 15(d)

CONDENSED STATEMENTS OF OPERATIONS

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CONDENSED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Formation and operational costs $ 281,891 $ 258,417 $ 558,186 $ 336,423
Loss from operations (281,891) (258,417) (558,186) (336,423)
Other income (expense):        
Change in fair value of convertible promissory note - related party 12,194   38,375  
Offering costs attributable to warrant liabilities       (645,069)
Interest income - bank (450)   (463)  
Interest earned on Marketable Securities held in trust account 490,021 5,243 518,179 7,260
Other income (expense), net 4,172,999 (34,757) 9,104,017 475,858
Income (loss) before provision for income taxes 3,891,108 (293,174) 8,545,831 139,435
Provision for income taxes (48,266)   (48,266)  
Net income (loss) 3,842,842 (293,174) 8,497,565 139,435
Public Warrants        
Other income (expense):        
Change in fair value of derivative liability 1,973,400 138,000 4,595,400 1,173,000
Private Placement Warrants        
Other income (expense):        
Change in fair value of derivative liability $ 1,696,934 $ (178,000) $ 3,951,600 712,000
Other expense - private warrant liability       $ (771,333)
Class A common stock        
Other income (expense):        
Weighted Average Number of Shares Outstanding, Basic 34,500,000 34,500,000 34,500,000 24,207,182
Weighted Average Number of Shares Outstanding, Diluted 34,500,000 34,500,000 34,500,000 24,207,182
Earnings Per Share, Basic $ 0.09 $ (0.01) $ 0.20 $ 0.00
Earnings Per Share, Diluted $ 0.09 $ (0.01) $ 0.20 $ 0.00
Class B common stock        
Other income (expense):        
Weighted Average Number of Shares Outstanding, Basic 8,625,000 8,625,000 8,625,000 8,625,000
Weighted Average Number of Shares Outstanding, Diluted 8,625,000 8,625,000 8,625,000 8,625,000
Earnings Per Share, Basic $ 0.09 $ (0.01) $ 0.20 $ 0.00
Earnings Per Share, Diluted $ 0.09 $ (0.01) $ 0.20 $ 0.00