Registration of securities issued in business combination transactions

INCOME TAX (FY) (Tables)

v3.21.4
INCOME TAX (FY) (Tables)
12 Months Ended
Dec. 31, 2020
INCOME TAX  
Schedule of Company's net deferred tax assets (liability)
    
December 31,
2020
   
December 31,
2019
 
Deferred tax assets (liability)
           
Net operating loss carryforward
 
$
306,991
   
$
210
 
Total deferred tax assets
   
306,991
     
210
 
Valuation Allowance
   
(306,991
)
   
(210
)
Deferred tax assets (liability)
 
$
   
$
 
Schedule of components of Company's income tax provision
    
December 31,
2020
   
December 31,
2019
 
Federal
           
Current
 
$
   
$
 
Deferred
   
(306,781
)
   
(210
)
                 
State and Local
               
Current
   
     
 
Deferred
   
     
 
                 
Change in valuation allowance
   
306,781
     
210
 
                 
Income tax provision
 
$
   
$
 
Schedule of reconciliation of the federal income tax rate to the Company's effective tax rate
   
December 31,
2020
   
December 31,
2019
 
Statutory federal income tax rate
   
21.0
%
   
21.0%
 
State taxes, net of federal tax benefit
   
     
 
Change in fair value of warrant liability
   
(6.1
)%
   
--
 
Valuation allowance
   
(14.9
)
   
(21.0
)
Income tax provision
   
0.0.0
 %    
0.0
 %