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Summary of Significant Accounting Policies (Tables)
6 Months Ended 12 Months Ended
Jun. 30, 2022
Dec. 31, 2021
Accounting Policies [Abstract]    
Schedule of Common Stock Reflected on the Balance Sheets

As of December 31, 2021, the Class A Common Stock reflected on the balance sheets is reconciled in the following table:

 

      
Gross Proceeds  $115,000,000 
Less:     
Proceeds allocated to public warrants   (5,031,474)
Proceeds allocated to shares not subject to redemption   (59)
Issuance costs related to Class A Common Stock   (6,263,677)
Plus:     
Accretion of carrying value to redemption value   13,595,210 
Class A Common Stock subject to possible redemption  $117,300,000 

 

As of June 30, 2022, the Class A Common Stock reflected on the balance sheets are reconciled in the following table:

         
Class A Common Stock subject to possible redemption at December 31, 2021   $ 117,300,000  
Less:        
Proceeds allocated to shares not redeemed - Class A Common Stock par value (1)     (380 )
Proceeds allocated to shares not redeemed – additional paid in capital (1)     (38,809,314 )
Extension payment classified as temporary equity    

769,513

 
Class A Common Stock subject to possible redemption   $ 79,259,819  

 

(1)Represents 3,804,872 in shares subject to the forward purchase agreement.

As of December 31, 2021, the Class A Common Stock reflected on the balance sheet are reconciled in the following table:

 

Schedule of Common Stock Reflected on the Balance Sheets 

   As of December 31, 2021 
Gross Proceeds  $115,000,000 
Less:     
Proceeds allocated to public warrants   (5,031,474)
Proceeds allocated to shares not subject to redemption   (59)
Issuance costs related to Class A common stock   (6,263,677)
Plus:     
Accretion of carrying value to redemption value   13,595,210 
Class A common stock subject to possible redemption   117,300,000 
Schedule of Calculation of Basic and Diluted Net Income Per Share

The following table reflects the calculation of basic and diluted net loss per common share:

 

  

For the

Three Months

  

For the

Three Months

 
  

Ended

June 30, 2022

  

Ended

June 30, 2021

 
Redeemable Class A Common Stock subject to possible redemption          
Numerator: net loss allocable to redeemable Class A Common Stock subject to possible redemption  $(1,389,484)  $(9,478)
           
Denominator: weighted average number of redeemable Class A Common Stock   11,332,753    10,302,592 
Basic and diluted net loss per redeemable Class A Common Stock  $(0.12)  $(0.00)
           
Non-redeemable Class A and Class B common stock          
Numerator: net loss allocable to non-redeemable Class A and Class B common stock  $(437,761)  $(1,753,205)
           
Denominator: weighted average number of non-redeemable Class A and Class B common stock   3,570,422    2,931,887 
Basic and diluted net income per non-redeemable Class A and Class B common stock  $(0.12)  $(0.59)

 

  

For the

Six Months

   For the Period from February 26, 2021 (inception) 
  

Ended

June 30, 2022

  

Through

June 30, 2021

 
Redeemable Class A Common Stock subject to possible redemption          
Numerator: net loss allocable to redeemable Class A Common Stock subject to possible redemption  $(798,712)  $(9,478)
           
Denominator: weighted average number of redeemable Class A Common Stock   11,415,914    10,302,592 
Basic and diluted net loss per redeemable Class A Common Stock  $(0.07)  $(0.00)
           
Non-redeemable Class A and Class B common stock          
Numerator: net loss allocable to non-redeemable Class A and Class B common stock  $(243,985)  $(1,753,205)
           
Denominator: weighted average number of non-redeemable Class A and Class B common stock   3,487,261    2,916,414 
Basic and diluted net loss per non-redeemable Class A and Class B common stock  $(0.07)  $(0.59)

The following table reflects the calculation of basic and diluted net income per common share:

  Schedule of Calculation of Basic and Diluted Net Income Per Share

   For the Period from February 26, 2021 (inception) 
  

Through

December 31, 2021

 
Redeemable Class A common stock subject to possible redemption     
Numerator: earnings allocable to redeemable Class A common stock subject to possible redemption  $852,903 
      
Denominator: weighted average number of redeemable Class A common stock   6,944,805 
Basic and diluted net income per redeemable Class A common stock  $0.12 
      
Non-redeemable Class A and Class B common stock     
Numerator: net income allocable to non-redeemable Class A and Class B common stock  $392,255 
      
Denominator: weighted average number of non-redeemable Class A and Class B common stock     
Non-redeemable Class A private placement and Class B common shares, basic and diluted   3,193,963 
Basic and diluted net income per non-redeemable Class A and Class B common stock  $0.12