Content analysis
?Positive | ||
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Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
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Coll freshman Bad
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New words:
accurate, accurately, April, bofa, booked, borrowing, confirming, demand, depiction, ed, existed, firm, fiscal, formulating, instructed, mitigate, partially, participate, pattern, pursuit, requisite, Secretary, significantly, situation, stockho, successful, test, withdrawn, withdrew
Removed:
auditor, compliance, continuing, cost, depository, jurisdiction, MINE, Notwithstanding, QUALITATIVE, QUANTITATIVE, questioning, rendered, SAFETY, SENIOR, timing
Financial report summary
?Management Discussion
- For the three months ended March 31, 2023, we had a net loss of approximately $2.0 million, which included a loss from the change in fair value of warrant liabilities of $1.5 million, a loss from operations of $1.7 million and an income tax provision of $0.3 million, partially offset by interest income on cash and marketable securities of $1.5 million.
- For the three months ended March 31, 2022, we had a net income of approximately $7.0 million, which included a loss from operations of $0.3 million, and a gain from the change in fair value of warrant liabilities of $7.3 million.
- Our business activities from inception to March 31, 2023 consisted primarily of our formation and completing our IPO, and since the offering, our activity has been limited to identifying and evaluating prospective acquisition targets for a Business Combination.