Vistas Media Acquisition Co Inc.
CIK:0001810491|SEC Filings
Statement of Operations (Unaudited) - USD ($) |
3 Months Ended | |
|---|---|---|
Mar. 31, 2021 |
Mar. 31, 2020 |
|
| Income Statement [Abstract] | ||
| Revenues | ||
| Operating Expenses | ||
| General and administrative expenses | 208,677 | |
| Total Operating Expenses | 208,677 | |
| Net Loss from Operations | (208,677) | |
| Other Income | ||
| Interest income | 12,102 | |
| Change in fair value of warrant liabilities | 2,710,800 | |
| Total other Income | 2,722,902 | |
| Net Income | $ 2,514,225 | |
| Weighted average shares outstanding of Class A common stock (in Shares) | 10,330,000 | |
| Basic and diluted net income per stock, Class A (in Dollars per share) | $ 0.20 | |
| Weighted average shares outstanding of Class B common stock (in Shares) | 2,500,000 | |
| Basic and diluted net income per stock, Class B (in Dollars per share) | $ 0.20 | |
Statement of Cash Flows (Unaudited) - USD ($) |
3 Months Ended | |
|---|---|---|
Mar. 31, 2021 |
Mar. 31, 2020 |
|
| Cash Flows from Operating Activities: | ||
| Net Income | $ 2,514,225 | |
| Change in fair value of warrant liabilities | (2,710,800) | |
| Interest earned on marketable securities held in trust account | (12,102) | |
| Changes in operating liability: | ||
| Increase in accounts payable | (26,000) | |
| Net Cash used in Operating Activities | (234,677) | |
| Cash Flows from Investing Activities: | ||
| Net Cash used in Investing Activities | ||
| Cash flows from Financing Activities | ||
| Net Cash Provided by Financing Activities | ||
| Net increase in cash | (234,677) | |
| Cash and cash equivalents at beginning of period | 709,879 | |
| Cash and cash equivalents at end of period | $ 475,202 | |