The following table reflects the calculation of basic and diluted net income (loss) per common share (in dollars, except per share amounts):
| | | For the Period From October 5, 2020 (inception) Through December 31, 2020 | | Redeemable Class A Common Stock | | | | Numerator: Earnings allocable to Redeemable Class A Common Stock | | | | Interest Income | | $ | 8,029 | | Income Tax and Franchise Tax | | | (8,029 | ) | Net Earnings | | $ | — | | Denominator: Weighted Average Redeemable Class A Common Stock | | | | | Redeemable Class A Common Stock, Basic and Diluted | | | 28,750,000 | | Earnings/Basic and Diluted Redeemable Class A Common Stock | | $ | 0.00 | | | | | | | | Non-Redeemable Class A and B Common Stock | | | | | Numerator: Net Loss minus Redeemable Net Earnings | | | | | Net Loss | | $ | (9,269,956 | ) | Redeemable Net Earnings | | | — | | Non-Redeemable Net Loss | | $ | (9,269,956 | ) | Denominator: Weighted Average Non-Redeemable Class A and B Common Stock | | | | | Non-Redeemable Class A and B Common Stock, Basic and Diluted (1) | | | 7,129,630 | | Loss/Basic and Diluted Non-Redeemable Class A and B Common Stock | | $ | (1.30 | ) |
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