XML 71 R4.htm IDEA: XBRL DOCUMENT v3.23.2
Condensed Statement of Operations - USD ($)
 3 Months Ended 10 Months Ended 12 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Dec. 31, 2021
Dec. 31, 2022
Dec. 31, 2021
Formation and operating costs $ 577,950 $ 431,549 $ 183,619 $ 3,756,538  
Administrative expenses from related party 54,970 51,460 287,618  
Loss from operations (632,920) (483,009) (183,619) (4,044,156)  
Other income:          
Other expenses (100,000)        
Interest earned on marketable securities held in Trust Account 1,631,158 20,442 1,924 2,932,192  
Net loss 998,238 (462,567) (181,695) (1,111,964)  
Net loss attributable to Seamless Group Inc. 998,238 (462,567)      
Seamless Group Inc [Member]          
Revenue       55,500,917 $ 57,501,370
Cost of revenue       (39,880,947) (39,604,341)
Gross profit       15,619,970 17,897,029
Selling expenses       (95,174) (112,892)
General and administrative expenses       (25,539,467) (18,163,856)
Loss from operations       (10,014,671) (379,719)
Other income:          
Finance costs, net       (8,200,112) (11,539,349)
Other income       3,405,486 2,635,641
Other expenses       (802,634) (2,848,170)
Loss before income tax       (15,611,931) (12,131,597)
Income tax expense       (113,782) (753,703)
Net loss       (15,725,713) (12,885,300)
Net income attributable to non-controlling interests       (952,422) (1,963,899)
Net loss attributable to Seamless Group Inc.       $ (16,678,135) $ (14,849,199)
Shares used in loss per share computation, basic and diluted       58,030,000 58,030,000
Loss per share, basic and diluted       $ (0.29) $ (0.26)
Other comprehensive income (loss):          
Foreign currency translation adjustments       $ 2,402 $ 26,245
Total comprehensive loss       (15,723,311) (12,859,055)
Total comprehensive income attributable to non-controlling interests       (966,184) (1,969,901)
Total comprehensive loss attributable to Seamless Group Inc.       (16,689,495) $ (14,828,956)
Common Class A [Member]          
Other income:          
Net loss $ (712,719) $ 358,119      
Net loss attributable to Seamless Group Inc.     $ 62,717 $ 860,883  
Shares used in loss per share computation, basic and diluted 14,560,700 19,999,880 2,550,320 19,999,880  
Loss per share, basic and diluted $ 0.05 $ (0.02) $ (0.02) $ (0.04)  
Common Class B [Member]          
Other income:          
Net loss $ (285,519) $ 104,448      
Net loss attributable to Seamless Group Inc.     $ 118,978 $ 251,081  
Shares used in loss per share computation, basic and diluted 5,833,083 5,833,083 4,838,142 5,833,083  
Loss per share, basic and diluted $ 0.05 $ (0.02) $ (0.02) $ (0.04)