| Summary of Basic and Diluted Net Income (Loss) |
The tables below present a reconciliation of the numerator and denominator used to compute basic and diluted net (loss) income per share of common stock for each class of common stock:
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For the Three Months Ended |
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For the Three Months Ended |
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Basic net loss per common stock: |
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$ |
(13,636,123 |
) |
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$ |
(97,368 |
) |
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$ |
(268,737 |
) |
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$ |
(1,384,832 |
) |
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$ |
(9,888 |
) |
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$ |
(27,292 |
) |
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Weighted average common stock outstanding, basic and diluted |
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42,014,000 |
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300,000 |
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828,000 |
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42,014,000 |
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300,000 |
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828,000 |
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Basic and diluted net loss per share of common stock |
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$ |
(0.32 |
) |
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$ |
(0.32 |
) |
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$ |
(0.32 |
) |
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$ |
(0.03 |
) |
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$ |
(0.03 |
) |
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$ |
(0.03 |
) |
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Basic net (loss) income per common stock: |
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Allocation of net (loss) income |
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$ |
(10,400,072 |
) |
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$ |
(74,261 |
) |
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$ |
(204,962 |
) |
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$ |
194,314 |
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$ |
1,388 |
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$ |
3,829 |
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Weighted average common stock outstanding, basic and diluted |
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42,014,000 |
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300,000 |
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828,000 |
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42,014,000 |
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300,000 |
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828,000 |
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Basic and diluted net (loss) income per share of common stock |
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$ |
(0.25 |
) |
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$ |
(0.25 |
) |
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$ |
(0.25 |
) |
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$ |
0.00 |
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$ |
0.00 |
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$ |
0.00 |
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