Annual report pursuant to Section 13 and 15(d)

Restatement of Previously Issued Financial Statements to Reflect Derivative Accounting - Balance sheet (Details)

v3.21.1
Restatement of Previously Issued Financial Statements to Reflect Derivative Accounting - Balance sheet (Details) - USD ($)
1 Months Ended 3 Months Ended 10 Months Ended 12 Months Ended
Mar. 31, 2018
Dec. 31, 2020
Sep. 30, 2020
Jun. 30, 2020
Mar. 31, 2020
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Dec. 31, 2018
Dec. 31, 2020
Dec. 31, 2019
Oct. 14, 2020
Balance Sheet                                
Warrant derivative liability   $ 55,720,000       $ 0               $ 55,720,000 $ 0 $ 28,030,000
Total liabilities   73,347,450       0               73,347,450 0 47,122,923
Class A common stock subject to possible redemption   422,854,408       0               422,854,408 0 449,844,167
Additional paid-in capital   33,888,383       306               33,888,383 306 6,048,706
Accumulated deficit   (28,890,395)       0               (28,890,395) 0 (1,048,566)
Statement of Operations                                
General and administrative expenses $ 0 (1,279,019) $ 0 $ 0 $ 0 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 (1,279,019) 0  
Change in fair value of warrant derivative liability                         0 (27,690,000) 0  
Total other income (expense)                         0 (27,611,376) 0  
Net loss $ 0 $ (28,890,395) $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ (28,890,395) $ 0  
Basic and diluted loss available to common shares $ 0.00 $ (1.63) $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ (2.99) $ 0.00  
Statement of Cash Flows                                
Net loss $ 0 $ (28,890,395) $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ (28,890,395) $ 0  
Change in fair value of warrant derivative liability                         $ 0 (27,690,000) 0  
Net cash used in operating activities                           (1,257,407) 0  
Payment for underwriting discounts                           (8,953,885) 0  
Net cash provided by financing activites                           502,274,813 0  
Restatement of warrants as derivative liabilities                                
Balance Sheet                                
Warrant derivative liability   55,720,000                       55,720,000    
Statement of Operations                                
Change in fair value of warrant derivative liability                           (28,030,000)    
Statement of Cash Flows                                
Change in fair value of warrant derivative liability                           (28,030,000)    
As previously reported | Restatement of warrants as derivative liabilities                                
Balance Sheet                                
Warrant derivative liability   0                       0   0
Total liabilities   17,627,450                       17,627,450   19,092,923
Class A common stock subject to possible redemption   478,574,408                       478,574,408   477,874,167
Additional paid-in capital   5,152,825                       5,152,825   5,002,872
Accumulated deficit   (154,280)                       (154,280)   (2,451)
Statement of Operations                                
General and administrative expenses                           (232,904)    
Change in fair value of warrant derivative liability                           0    
Total other income (expense)                           78,624    
Net loss                           $ (154,280)    
Basic and diluted loss available to common shares                           $ (0.02)    
Statement of Cash Flows                                
Net loss                           $ (154,280)    
Change in fair value of warrant derivative liability                           0    
Net cash used in operating activities                           (211,292)    
Payment for underwriting discounts                           (10,000,000)    
Net cash provided by financing activites                           501,228,698    
Adjustment | Restatement of warrants as derivative liabilities                                
Balance Sheet                                
Warrant derivative liability   55,720,000                       55,720,000   28,030,000
Total liabilities   55,720,000                       55,720,000   28,030,000
Class A common stock subject to possible redemption   (55,720,000)                       (55,720,000)   (28,030,000)
Additional paid-in capital   28,735,558                       28,735,558   1,045,834
Accumulated deficit   (28,736,115)                       (28,736,115)   (1,046,115)
Statement of Operations                                
General and administrative expenses                           (1,046,115)    
Change in fair value of warrant derivative liability                           (27,690,000)    
Total other income (expense)                           (27,690,000)    
Net loss                           $ (28,736,115)    
Basic and diluted loss available to common shares                           $ (2.97)    
Statement of Cash Flows                                
Net loss                           $ (28,736,115)    
Change in fair value of warrant derivative liability                           (27,690,000)    
Net cash used in operating activities                           (1,046,115)    
Payment for underwriting discounts                           1,046,115    
Net cash provided by financing activites                           1,046,115    
Class A common stock                                
Balance Sheet                                
Common stock   772       $ 0               772 $ 0 502
Class A common stock | As previously reported | Restatement of warrants as derivative liabilities                                
Balance Sheet                                
Common stock   215                       215   221
Class A common stock | Adjustment | Restatement of warrants as derivative liabilities                                
Balance Sheet                                
Common stock   $ 557                       $ 557   $ 281