In millions, except per share items | Jun-30-22 | Mar-31-22 | Dec-31-21 | Sep-30-21 | Jun-30-21 | Mar-31-21 |
| 10-Q | 10-Q | 10-K | 10-Q/A | 10-Q | 10-Q |
Cash Flows from Operating Activities: | | | | | | |
Net income (loss) | 2.1 | 1.1 | 0.9 | 1.5 | -0.6 | 0.0 |
Adjustments to reconcile net income (loss) to net cash used in operating activities: | | | | | | |
Operating costs paid through promissory note | | | | | | 0.0 |
Interest earned on investments held in Trust Account | -0.3 | 0.0 | | | 0.0 | |
Transaction costs associated with warrant liability | | | | | 0.5 | |
Change in fair value of warrant liability | -2.3 | -2.1 | -1.5 | -1.9 | | |
Changes in operating assets and liabilities: | | | | | | |
Prepaid expenses | 0.1 | 0.0 | 0.1 | -0.5 | 0.0 | |
Accrued expenses | 0.2 | 0.6 | 0.2 | 0.1 | 0.1 | 0.0 |
Income taxes payable | 0.0 | | | | | |
Net cash used in operating activities | -0.2 | -0.4 | -0.3 | -0.8 | -0.1 | 0.0 |
|
Cash Flows from Investing Activities | | | | | | |
Investment of cash into Trust Account | | | | | -250.0 | |
Cash withdrawn from Trust Account to pay franchise and income taxes | 0.1 | | | | | |
Net cash provided by (used in) investing activities | 0.1 | | | | -250.0 | |
|
Cash Flows from Financing Activities | | | | | | |
Proceeds from issuance of Class B common stock to Sponsor | | 6.9 | | | 6.9 | 0.0 |
Proceeds from sale of Units, net of underwriting discounts paid | | | | | 245.6 | |
Proceeds from sale of Private Placement Units | | 6.9 | | | 6.9 | 0.0 |
Repayment of promissory note - related party | | | | | -0.1 | |
Payment of offering costs | | | | -0.1 | -0.3 | |
Net cash provided by financing activities | | 6.9 | | -0.1 | 252.0 | 0.0 |
Net Change in Cash | 0.0 | -0.4 | -0.3 | -0.8 | 2.0 | 0.0 |
|
Non-Cash investing and financing activities: | | | | | | |
Offering costs included in accrued offering costs | | | | | 0.0 | 0.1 |
Offering costs paid through promissory note | | | | | 0.1 | 0.0 |
Deferred underwriting fee payable | | | | | 10.6 | |