SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
|
6 Months Ended |
12 Months Ended |
Jun. 30, 2021 |
Dec. 31, 2020 |
Accounting Policies [Abstract] |
|
|
Schedule of earning per share |
Schedule of earning per share |
|
|
|
|
|
|
|
|
For the Three |
|
|
For the Six |
|
|
|
Months Ended |
|
|
Months Ended |
|
|
|
June 30, 2021 |
|
|
June 30, 2021 |
|
Common stock subject to possible redemption |
|
|
|
|
|
|
|
|
Numerator: Net income allocable to common stock subject to possible redemption amortized interest income on marketable securities held in trust |
|
$ |
3,151 |
|
|
$ |
11,723 |
|
Less: interest available to be withdrawn for payment of taxes |
|
|
(3,151 |
) |
|
|
(11,723 |
) |
Net income allocable to common stock subject to possible redemption |
|
$ |
- |
|
|
$ |
- |
|
Denominator: Weighted average redeemable common stock, basic and diluted |
|
|
9,822,956 |
|
|
|
9,673,135 |
|
Basic and diluted net income per share, redeemable common stock |
|
$ |
0.00 |
|
|
$ |
0.00 |
|
|
|
|
|
|
|
|
|
|
Non-redeemable common stock |
|
|
|
|
|
|
|
|
Numerator: Net loss minus redeemable net earnings |
|
|
|
|
|
|
|
|
Net loss |
|
$ |
(7,705,427 |
) |
|
$ |
(4,662,223 |
) |
Redeemable net earnings |
|
|
- |
|
|
|
- |
|
Non-redeemable net loss |
|
$ |
(7,705,427 |
) |
|
$ |
(4,662,223 |
) |
Denominator: Weighted average non-redeemable common stock, basic and diluted |
|
|
5,097,044 |
|
|
|
5,246,865 |
|
Basic and diluted net loss per share, common stock |
|
$ |
(1.51 |
) |
|
$ |
(0.89 |
) |
|
Schedule of earning per share |
|
|
|
|
|
|
For the Period from |
|
|
|
August 20, 2020 (Inception) |
|
|
|
through December 31, 2020 |
|
Common stock subject to possible redemption |
|
|
|
|
Numerator: Net income allocable to common stock subject to possible redemption Amortized Interest income on marketable securities held in trust |
|
$ |
7,960 |
|
Less: interest available to be withdrawn for payment of taxes |
|
|
(7,960 |
) |
Net income allocable to common stock subject to possible redemption |
|
$ |
— |
|
Denominator: Weighted Average Redeemable common stock Redeemable Common Stock, Basic and Diluted |
|
|
3,399,685 |
|
Basic and Diluted net income per share, Redeemable Common Stock |
|
$ |
0.00 |
|
|
|
|
|
|
Non-Redeemable Common Stock |
|
|
|
|
Numerator: Net Income minus Redeemable Net Earnings |
|
|
|
|
Net Income |
|
$ |
4,092,424 |
|
Redeemable Net Earnings |
|
|
— |
|
Non-Redeemable Net Income |
|
$ |
4,092,424 |
|
Denominator: Weighted Average Non-Redeemable Common Stock Basic and diluted weighted average shares outstanding, common stock |
|
|
4,646,706 |
|
Basic and diluted net income per share, common stock |
|
$ |
0.88 |
|
|
Schedule of cash and cash equivalents and restricted cash |
|
Schedule of cash
and cash equivalents and restricted cash |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
December
31, |
|
|
|
2020 |
|
|
2019 |
|
|
2018 |
|
Cash
and cash equivalents |
|
$ |
18,196 |
|
|
$ |
2,877 |
|
|
$ |
5,553 |
|
Restricted
cash |
|
|
422 |
|
|
|
136 |
|
|
|
1,450 |
|
Total
cash, cash equivalents and restricted cash shown in the statement of cash flows |
|
$ |
18,618 |
|
|
$ |
3,013 |
|
|
$ |
7,003 |
|
|
Schedule of restricted cash |
|
Schedule
of restricted cash |
|
|
|
|
|
|
|
|
|
|
December
31, |
|
|
|
2020 |
|
|
2019 |
|
Customer
and supplier guarantees |
|
$ |
298 |
|
|
$ |
13 |
|
Landlord
guarantees |
|
|
124 |
|
|
|
123 |
|
Total |
|
$ |
422 |
|
|
$ |
136 |
|
|
Schedule of revenue |
|
Schedule of revenue |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year
Ended December 31, |
|
|
|
2020 |
|
|
2019 |
|
|
2018 |
|
Products
sales |
|
$ |
131,105 |
|
|
$ |
121,741 |
|
|
$ |
185,092 |
|
Non-recurring
engineering (“NRE”) |
|
|
16,007 |
|
|
|
21,713 |
|
|
|
14,291 |
|
Product
maintenance contracts |
|
|
11,796 |
|
|
|
9,221 |
|
|
|
2,153 |
|
Professional
service contracts |
|
|
10,814 |
|
|
|
7,473 |
|
|
|
6,796 |
|
Software
licenses |
|
|
2,757 |
|
|
|
5,607 |
|
|
|
2,012 |
|
Other |
|
|
476 |
|
|
|
276 |
|
|
|
407 |
|
Total
revenues |
|
$ |
172,955 |
|
|
$ |
166,031 |
|
|
$ |
210,751 |
|
|
Schedule of contract asset and liability balances from contracts with customers |
|
Schedule of contract asset and liability balances from contracts with customers |
|
|
|
|
|
|
|
|
|
|
Contracts
Assets |
|
|
Contracts
Liabilities |
|
Balance as of December 31,
2019 |
|
$ |
11,823 |
|
|
$ |
10,035 |
|
Balance
as of December 31, 2020 |
|
|
5,361 |
|
|
|
7,521 |
|
Change |
|
$ |
6,462 |
|
|
$ |
2,514 |
|
|
Schedule of revenues from contract liability |
|
Schedule of revenues from contract liability |
|
|
|
|
|
|
|
|
Year
Ended December 31, |
|
|
|
2020 |
|
|
2019 |
|
Amounts
included in the beginning of year contract liability balance |
|
$ |
3,576 |
|
|
$ |
2,407 |
|
|
Schedule of product warranty liabilities |
|
Schedule of product warranty liabilities |
|
|
|
|
|
|
|
|
|
|
December
31, |
|
|
|
2020 |
|
|
2019 |
|
Balance, beginning
of period |
|
$ |
981 |
|
|
$ |
1,609 |
|
Accruals |
|
|
826 |
|
|
|
824 |
|
Settlements |
|
|
(788 |
) |
|
|
(1,452 |
) |
Balance,
end of period |
|
$ |
1,019 |
|
|
$ |
981 |
|
|
Schedule of cash and restricted cash balances |
|
Schedule of cash and restricted cash balances |
|
|
|
|
|
|
|
|
|
|
December
31, |
|
|
|
2020 |
|
|
2019 |
|
Cash
in U.S. dollars in U.S. banks |
|
$ |
15,997 |
|
|
$ |
1,161 |
|
Cash in
foreign banks and foreign currency |
|
|
2,612 |
|
|
|
1,843 |
|
Petty
cash |
|
|
9 |
|
|
|
9 |
|
Total |
|
$ |
18,618 |
|
|
$ |
3,013 |
|
|