REVISION OF PREVIOUSLY REPORTED BALANCES

6 Months Ended

Jun. 30, 2022

REVISION OF PREVIOUSLY REPORTED BALANCES [Abstract]

REVISION OF PREVIOUSLY REPORTED BALANCES

NOTE 2. REVISION OF PREVIOUSLY REPORTED BALANCES

The Company notes that the basic and diluted weighted average shares outstanding for both Class A common stock and Class B common stock for the three and six months ended June 30, 2021 were not restated correctly within the restatement note of the September 30, 2021 Form 10-Q filed on November 19, 2021. The Company has included this revision note to revise the previously restated and reported balances of basic and diluted weighted average shares outstanding of Class A common stock and basic and diluted weighted average shares outstanding of Class B common stock within the Statement of Operations for the three and six months ended June 30, 2021.

The impact of the revision on the Company’s financial statements is reflected in the following table.

Statement of Operations for the Three and Six Months Ended June 30, 2021	As Previously Reported		Adjustment			As Revised
Basic and diluted weighted average shares outstanding, Class A common stock	$	10,352,040	$	507,041		$	10,859,081
Basic and diluted weighted average shares outstanding, Class B common stock	$	3,095,051	$	(507,041	)	$	2,588,010

Jiya Acquisition Corp. 10-Q