| Schedule of restatement on balance sheets |
| As of October 26, 2020 |
|
As Previously
Reported in
Amendment No. 1
to Form 10-K |
|
|
Adjustment |
|
|
As Restated |
|
| Total assets |
|
$ |
240,445,800 |
|
|
|
|
|
|
$ |
240,445,800 |
|
| Total liabilities |
|
$ |
31,915,097 |
|
|
|
|
|
|
$ |
31,915,097 |
|
| Class A common stock subject to possible redemption |
|
|
203,530,696 |
|
|
|
33,719,304 |
|
|
|
237,250,000 |
|
| Preferred stock |
|
|
- |
|
|
|
- |
|
|
|
- |
|
| Class A common stock |
|
|
337 |
|
|
|
(337 |
) |
|
|
- |
|
| Class B common stock |
|
|
618 |
|
|
|
- |
|
|
|
618 |
|
| Additional paid-in capital |
|
|
7,669,592 |
|
|
|
(7,669,592 |
) |
|
|
- |
|
| Accumulated deficit |
|
|
(2,572,403 |
) |
|
|
(26,049,375 |
) |
|
|
(28,621,778 |
) |
| Total Rice Acquisition Corp equity (deficit) |
|
|
5,098,144 |
|
|
|
(33,719,304 |
) |
|
|
(28,621,160 |
) |
| Non-controlling interest in subsidiary |
|
|
(98,137 |
) |
|
|
|
|
|
|
(98,137 |
) |
| Total stockholders’ equity (deficit) |
|
$ |
5,000,007 |
|
|
$ |
(33,719,304 |
) |
|
$ |
(28,719,297 |
) |
| Total Liabilities, Class A Common Stock Subject to Possible Redemption and Stockholders’ Equity (Deficit) |
|
$ |
240,445,800 |
|
|
$ |
- |
|
|
$ |
240,445,800 |
|
| As of December 31, 2020 |
|
As Previously
Reported in
Amendment No. 1
to Form 10-K |
|
|
Adjustment |
|
|
As Restated |
|
| Total assets |
|
$ |
239,306,203 |
|
|
|
|
|
|
$ |
239,306,203 |
|
| Total liabilities |
|
$ |
50,788,582 |
|
|
|
|
|
|
$ |
50,788,582 |
|
| Class A common stock subject to possible redemption |
|
|
183,517,620 |
|
|
|
53,732,380 |
|
|
|
237,250,000 |
|
| Preferred stock |
|
|
- |
|
|
|
- |
|
|
|
- |
|
| Class A common stock |
|
|
538 |
|
|
|
(538 |
) |
|
|
- |
|
| Class B common stock |
|
|
593 |
|
|
|
- |
|
|
|
593 |
|
| Additional paid-in capital |
|
|
27,492,099 |
|
|
|
(27,492,099 |
) |
|
|
- |
|
| Accumulated deficit |
|
|
(21,629,069 |
) |
|
|
(26,239,743 |
) |
|
|
(47,868,812 |
) |
| Total Rice Acquisition Corp equity (deficit) |
|
|
5,864,161 |
|
|
|
(53,732,380 |
) |
|
|
(47,868,219 |
) |
| Non-controlling interest in subsidiary |
|
|
(864,160 |
) |
|
|
|
|
|
|
(864,160 |
) |
| Total stockholders’ equity (deficit) |
|
$ |
5,000,001 |
|
|
$ |
(53,732,380 |
) |
|
$ |
(48,732,379 |
) |
| Total Liabilities, Class A Common Stock Subject to Possible Redemption and Stockholders’ Equity (Deficit) |
|
$ |
239,306,203 |
|
|
$ |
- |
|
|
$ |
239,306,203 |
|
|
| Schedule of restatement on statements of operations |
|
For the period from September 1, 2020 (inception) through December 31,
2020 |
|
As Previously Reported |
|
|
Adjustment |
|
|
As Restated |
|
| Supplemental Disclosure of Noncash Financing Activities: |
|
|
|
|
|
|
|
|
|
| Initial value of Class A common stock subject to possible redemption |
|
$ |
193,104,980 |
|
|
$ |
(193,104,980 |
) |
|
$ |
- |
|
| Change in value of Class A common stock subject to possible redemption |
|
$ |
(9,587,360 |
) |
|
$ |
9,587,360 |
|
|
$ |
- |
|
| |
|
Earnings Per Share for Class A common stock |
|
| |
|
As Previously Reported |
|
|
Adjustment |
|
|
As Restated |
|
| For the period from September 1, 2020 (inception) through December 31, 2020 |
|
|
|
|
|
|
|
|
|
| Net loss |
|
$ |
(22,494,229 |
) |
|
$ |
- |
|
|
$ |
(22,494,229 |
) |
| Weighted average shares outstanding |
|
|
23,725,000 |
|
|
|
(10,585,517 |
) |
|
|
13,139,483 |
|
| Basic and diluted earnings per share |
|
$ |
- |
|
|
$ |
(1.20 |
) |
|
$ |
(1.20 |
) |
| |
|
Earnings Per Share for Class B common stock |
|
| |
|
As Previously Reported |
|
|
Adjustment |
|
|
As Restated |
|
| For the period from September 1, 2020 (inception) through December 31, 2020 |
|
|
|
|
|
|
|
|
|
| Net loss |
|
$ |
(22,494,229 |
) |
|
$ |
- |
|
|
$ |
(22,494,229 |
) |
| Weighted average shares outstanding |
|
|
5,685,606 |
|
|
|
(2,500 |
) |
|
|
5,683,106 |
|
| Basic and diluted earnings per share |
|
$ |
(3.80 |
) |
|
$ |
2.60 |
|
|
$ |
(1.20 |
) |
|