STATEMENT OF CASH FLOWS |
1 Months Ended |
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Dec. 31, 2020
USD ($)
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| CONDENSED STATEMENT OF CASH FLOWS | |
| Net Income (loss) | $ (3,543) |
| Changes in current assets and liabilities: | |
| Accrued offering costs and operating expenses | 3,543 |
| Cash Flows from Financing Activities: | |
| Proceeds from sale of Class B common stock to Sponsor | 25,000 |
| Proceeds from issuance of promissory note to related party | 175,000 |
| Net cash provided by financing activities | 200,000 |
| Net change in cash | 200,000 |
| Cash, beginning of the period | 0 |
| Cash, end of period | 200,000 |
| Supplemental disclosure of cash flow information: | |
| Accrued deferred offering costs | $ 45,000 |
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- Definition The amount Accrued Deferred Offering Cost related to non cash activities. No definition available.
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- Definition The amount of changes in Accrued Offering Costs And Operating Expenses. No definition available.
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- Definition Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of increase (decrease) in cash, cash equivalents, and cash and cash equivalents restricted to withdrawal or usage; including effect from exchange rate change. Cash includes, but is not limited to, currency on hand, demand deposits with banks or financial institutions, and other accounts with general characteristics of demand deposits. Cash equivalents include, but are not limited to, short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition Amount of cash inflow (outflow) from financing activities, including discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The cash inflow from the additional capital contribution to the entity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The cash inflow from a long-term borrowing made from related parties where one party can exercise control or significant influence over another party; including affiliates, owners or officers and their immediate families, pension trusts, and so forth. Alternate caption: Proceeds from Advances from Affiliates. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- References No definition available.
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