| Schedule of Basic and Diluted Loss Per Ordinary Share |
The
Company’s net income (loss) is adjusted for the portion of income that is attributable to ordinary shares subject to possible redemption,
as these shares only participate in the earnings of the Trust Account and not the income or losses of the Company. Accordingly, basic
and diluted loss per ordinary share is calculated as follows:
Schedule
of Basic and Diluted Loss Per Ordinary Share
| |
|
2021 |
|
|
2020 |
|
| |
|
Three
Months Ended March
31,
|
|
| |
|
2021 |
|
|
2020 |
|
| Ordinary
Shares subject to possible redemption |
|
|
|
|
|
|
|
|
| Numerator:
Earnings allocable to ordinary shares subject to possible redemption |
|
|
|
|
|
|
|
|
| Interest
earned on marketable securities held in Trust Account |
|
$ |
319 |
|
|
$ |
400,472 |
|
| Unrealized
gain on marketable securities held in Trust Account |
|
|
— |
|
|
|
56,368 |
|
| Net
Income allocable to ordinary shares subject to possible redemption |
|
$ |
319 |
|
|
$ |
456,840 |
|
| Denominator:
Weighted Average ordinary shares subject to possible redemption |
|
|
|
|
|
|
|
|
| Basic
and diluted weighted average shares outstanding |
|
|
1,143,358 |
|
|
|
10,344,550 |
|
| Basic
and diluted net income per redeemable ordinary share |
|
$ |
0.00 |
|
|
$ |
0.04 |
|
| |
|
|
|
|
|
|
|
|
| Non-Redeemable
Ordinary Shares |
|
|
|
|
|
|
|
|
| Numerator:
Net Loss minus Net Earnings |
|
|
|
|
|
|
|
|
| Net
Income (loss) |
|
$ |
(1,472,407 |
) |
|
$ |
333,179 |
|
| Net
Income allocable to ordinary shares stock subject to possible redemption |
|
|
(319 |
) |
|
|
(456,840 |
) |
| Non-Redeemable
Net Loss |
|
$ |
(1,472,726 |
) |
|
$ |
(123,661 |
) |
| Denominator:
Weighted Average Non-Redeemable ordinary shares |
|
|
|
|
|
|
|
|
| Basic
and diluted weighted average shares outstanding |
|
|
3,273,835 |
|
|
|
3,550,450 |
|
| Basic
and diluted net loss per Non-Redeemable ordinary share |
|
$ |
(0.45 |
) |
|
$ |
(0.03 |
) |
|
The
Company’s net (loss) income is adjusted for the portion of income that is attributable to Ordinary Shares subject to possible redemption,
as these shares only participate in the earnings of the Trust Account and not the income or losses of the Company. Accordingly, basic
and diluted loss per ordinary share is calculated as follows:
Schedule
of Basic and Diluted Loss Per Ordinary Share
| |
|
|
1 |
|
|
|
2 |
|
| |
|
Year
Ended
December 31, |
|
| |
|
2020 |
|
|
2019 |
|
| Net
(loss) income |
|
$ |
(583,689 |
) |
|
$ |
1,762,447 |
|
| Less:
Income attributable to Ordinary Shares subject to possible redemption |
|
|
(39,544 |
) |
|
|
(2,058,429 |
) |
| Adjusted
net loss |
|
$ |
(623,233 |
) |
|
$ |
(295,982 |
) |
| |
|
|
|
|
|
|
|
|
| Weighted
average shares outstanding, basic and diluted |
|
|
3,592,787 |
|
|
|
3,446,449 |
|
| |
|
|
|
|
|
|
|
|
| Basic
and diluted net loss per ordinary share |
|
$ |
(0.17 |
) |
|
$ |
(0.09 |
) |
|