Subsequent Events (Details) - USD ($) |
1 Months Ended | 3 Months Ended | 6 Months Ended | |
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Apr. 22, 2021 |
Apr. 21, 2021 |
Jun. 30, 2021 |
Jun. 30, 2021 |
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Subsequent Events [Abstract] | ||||
Merger agreement, description | the Agreement, American Robotics stockholders received (i) cash consideration in an amount equal to $7,500,000, less certain indebtedness, transaction expenses and other expense amounts as described in the Agreement; (ii) 6,750,000 validly issued, fully paid and non-assessable shares of the Company’s common stock, less certain shares payable as transaction expenses; (iii) warrants exercisable for 1,875,000 shares of the Company’s common stock (the “Warrants”); and (iv) the cash release from the PPP Loan Escrow Amount (as defined in the Agreement). Each of the Warrants entitle the holder to purchase a number of shares of the Company’s common stock at an exercise price of $7.89. Each of the Warrants will be exercisable in three equal annual installments commencing on the one year anniversary of the Closing Date and shall have a term of ten years | |||
Restricted stock units (in Shares) | 1,375,000 | |||
Aggregate amount | $ 2,000,000.0 | |||
Carries interest rate | 2.00% | |||
Maturity Date | The principal and any accrued and unpaid interest shall be due on April 22, 2022. | |||
Interest receivable to note | $ 7,562 | |||
Interest income related to note | $ 7,562 |
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- Definition Description of merger agreement. No definition available.
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- Definition The average effective interest rate during the reporting period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Description of the maturity date of the debt instrument including whether the debt matures serially and, if so, a brief description of the serial maturities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Represents the aggregate of total long-term debt, including current maturities and short-term debt. No definition available.
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- Definition The increase (decrease) during the reporting period in the amount due from borrowers for interest payments. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The increase (decrease) during the reporting period in investment income that has been earned but not yet received in cash. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Number of shares issued during the period related to Restricted Stock Awards, net of any shares forfeited. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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