Basis of Presentation and Summary of Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2022

Basis of Presentation and Summary of Significant Accounting Policies [Abstract]

Reconciliation of Numerator and Denominator Used to Compute Basic and Diluted Net Income per Share of Ordinary Shares

The following table reflects presents a reconciliation of the numerator and denominator used to compute basic and diluted net income per share of ordinary shares:

	For The Three Months Ended March 31, 2022
	Class A		Class B
Basic and diluted net income per ordinary share:
Numerator:
Allocation of net income	$	5,121,895	$	1,280,474

Denominator:
Basic and diluted weighted average ordinary shares outstanding		20,700,000		5,175,000

Basic and diluted net income per ordinary share	$	0.25	$	0.25

	For The Three Months Ended March 31, 2021
	Class A		Class B
Net income per ordinary share:
Numerator:
Allocation of net income, basic	$	3,096,784	$	898,210
Allocation of net income, diluted		3,082,432		912,562
Denominator:
Basic weighted average ordinary shares outstanding		17,480,000		5,070,000
Diluted weighted average ordinary shares outstanding		17,480,000		5,175,000
Basic net income per ordinary share	$	0.18	$	0.18
Diluted net income per ordinary share	$	0.18	$	0.18

Deep Lake Capital Acquisition Corp. 10-Q