Registration of securities issued in business combination transactions

Income Tax (Tables)

v3.22.1
Income Tax (Tables)
12 Months Ended
Dec. 31, 2021
Income Tax Disclosure [Abstract]  
Schedule of net deferred tax assets (liabilities)

Deferred tax assets:

 

 

 

 

Start-up costs

 

$

252,290

 

Net operating loss carryforwards

 

 

20,412

 

Total deferred tax assets

 

 

272,702

 

Valuation allowance

 

 

(271,562

)

Deferred tax liabilities:

 

 

 

 

Unrealized gain on investments

 

 

(1,140

)

Total deferred tax liabilities

 

 

(1,140

)

Deferred tax assets, net of allowance

 

$

 

Schedule income tax provision

Federal

 

 

 

 

Current

 

$

 

Deferred

 

 

(271,562

)

   

 

 

 

State

 

 

 

 

Current

 

 

 

Deferred

 

 

 

Change in valuation allowance

 

 

271,562

 

Income tax provision

 

$

 

Schedule of federal income tax rate

Statutory federal income tax rate

 

21.0

%

State taxes, net of federal tax benefit

 

0.0

%

Change in fair value of derivative warrant liabilities

 

61.1

%

Non-deductible transaction costs

 

(8.8

)%

Change in valuation allowance

 

(73.3

)%

Income tax provision

 

0.0

%