General form of registration statement for all companies including face-amount certificate companies

Restatement of Previously issued Financial Statements (Tables)

v3.21.2
Restatement of Previously issued Financial Statements (Tables)
5 Months Ended
Dec. 31, 2020
CIK_0001819810_Genesis Park Acquisition Corp [Member]  
Summary Of Effect Of Restatement On Financial Statement

​

​

​

​

​

​

​

​

​

​

​

​

    

As Previously 

    

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​

    

​

​

​

​

Reported

​

Adjustment

​

As restated

Balance Sheet at November 27, 2020

​

​

​

​

​

​

​

​

​

Warrant liability

​

$

—

​

$

36,549,753

​

$

36,549,753

Total liabilities

 

​

5,680,163

 

​

36,549,753

 

​

42,229,916

Class A ordinary shares subject to possible redemption

 

​

156,885,627

 

​

(36,549,754)

 

​

120,335,873

Class A ordinary shares

 

​

92

 

​

360

 

​

442

Additional paid-in capital

 

​

5,007,093

 

​

12,232,284

 

​

17,239,377

Accumulated deficit

 

​

(7,611)

 

​

(12,232,643)

 

​

(12,240,254)

Total Shareholders’ Equity

 

​

5,000,005

 

​

1

 

​

5,000,006

Balance Sheet at December 31, 2020

 

​

  

 

​

  

 

​

  

Warrant liability

​

$

—

​

$

36,549,753

​

$

36,549,753

Total liabilities

​

 

5,859,668

​

 

36,549,753

​

 

42,409,421

Class A ordinary shares subject to possible redemption

​

 

156,864,332

​

 

(36,549,754)

​

 

120,314,578

Class A ordinary shares

​

 

93

​

 

360

​

 

453

Additional paid-in capital

​

 

5,028,387

​

 

12,232,284

​

 

17,260,671

Accumulated deficit

​

 

(28,906)

​

 

(12,232,643)

​

 

(12,261,549)

Total Shareholders’ Equity

​

$

5,000,005

​

$

1

​

$

5,000,006

Statement of Operations for the period from July 29, 2020 (inception) through December 31, 2020

​

 

  

​

 

  

​

 

  

Excess of fair value of Private Placement Warrants

​

 

—

​

 

(11,211,642)

​

 

(11,211,642)

Transaction costs

​

$

—

​

$

(1,021,001)

​

$

(1,021,001)

Total other income/(expense)

​

 

10,751

​

 

(12,232,643)

​

 

(12,221,892)

Net Loss

​

 

(28,906)

​

 

(12,232,643)

​

 

(12,261,549)

Basic and diluted net loss per share, Class B Ordinary shares

​

$

0.00

​

$

(3.20)

​

 

(3.20)

Statement of Cash Flows for the period from July 29, 2020 (inception) through December 31, 2020

​

 

  

​

 

  

​

 

  

Cash Flows from Operating Activities:

​

 

  

​

 

  

​

 

  

Net loss

​

$

(28,906)

​

$

(12,232,643)

​

$

(12,261,549)

Excess of fair value of Private Placement Warrants

​

 

—

​

 

11,211,642

​

 

11,211,642

Transaction costs

​

 

​

​

 

1,021,001

​

 

1,021,001

Net cash used in operating activities

​

 

(97,168)

​

 

—

​

 

(97,168)

Supplemental disclosure of cash flow information:

​

 

  

​

 

  

​

 

  

Class A ordinary shares subject to possible redemption

​

 

156,864,332

​

 

(36,549,754)

​

 

120,314,578

Initial classification of warrant liability

​

 

—

​

 

36,549,753

​

 

36,549,753