Net income

$

109,366

$

1,596,567

Accretion of redeemable common stock to redemption value

(1,625,328

)

(4,039,650

)

Net loss including accretion of redeemable common stock to redemption value

$

(1,515,962

)

$

(2,443,083

)

Basic and diluted net loss per share:

Numerators:

Allocation of net loss

$

(848,882

)

(667,080

)

$

(1,818,810

)

$

(624,273

)

Accretion of initial and subsequent measurement of common stock subject to redemption value

1,625,328

—

4,039,650

—

Allocation of net income (loss)

$

776,446

(667,080

)

$

2,220,840

$

(624,273

)

Denominators:

Weighted-average shares outstanding

2,349,413

1,846,250

5,379,021

1,846,250

Basic and diluted net income (loss) per share

$

0.33

(0.36

)

$

0.41

$

(0.34

)