General form of registration statement for all companies including face-amount certificate companies

Unaudited Condensed Statements of Operations

v3.22.4
Unaudited Condensed Statements of Operations - USD ($)
3 Months Ended 5 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Dec. 30, 2020
Sep. 30, 2022
Sep. 30, 2021
Dec. 31, 2021
General and administrative expenses $ 926,246 $ 164,742 $ 45,819 $ 11,070,808 $ 560,473 $ 813,427
Administrative expenses - related party 45,000 45,000 11,129 135,000 135,000 180,000
Franchise tax expenses 80,600 16,175 80,598 170,506 98,851 200,000
Other income (expenses)            
Financing costs related to derivative warrant liabilities   (577,150)      
Net gain from investments held in Trust Account     7,668     28,377
Loss from operations (1,051,846) (225,917) (137,546) (11,376,314) (794,324) (1,193,427)
Other income (expenses)            
Change in fair value of derivative warrant liabilities (750,000) 2,177,500 (3,471,670) 5,423,330 8,895,000 12,193,340
Interest from investments held in Trust Account 1,036,938 2,960   1,401,976 23,518  
Income (Loss) before provision for income taxes (764,908) 1,954,543   (4,551,008) 8,124,194  
Provision for income taxes 65,239     65,239  
Net income (loss) $ (830,147) $ 1,954,543 $ (4,178,698) $ (4,616,247) $ 8,124,194 $ 11,028,290
Class A Common Stock            
Other income (expenses)            
Weighted average shares outstanding (in Shares) 23,000,000 23,000,000 4,346,457 23,000,000 23,000,000 23,000,000
Basic net income (loss) per share (in Dollars per share) $ (0.03) $ 0.07 $ (0.44) $ (0.16) $ 0.28 $ 0.38
Class B Common Stock            
Other income (expenses)            
Weighted average shares outstanding (in Shares) 5,750,000 5,750,000 5,141,732 5,750,000 5,750,000 575,000
Basic net income (loss) per share (in Dollars per share) $ (0.03) $ 0.07 $ (0.44) $ (0.16) $ 0.28 $ 0.38