Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.22.1
Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash $ 1,525,893 $ 1,732,774
Prepaid expenses 692,215 708,821
Total current assets 2,218,108 2,441,595
Investments held in Trust Account 234,642,103 234,626,959
Total assets 236,860,211 237,068,554
Current liabilities:    
Accounts payable 49,393 4,129
Accrued expenses and other current liabilities 102,067 1,790
Accrued offering costs 175,000 175,000
Franchise tax payable 228,142 178,142
Total current liabilities 554,602 359,061
Deferred underwriting fee payable 8,050,000 8,050,000
Total liabilities 8,604,602 8,409,061
Commitments and Contingencies (Note 7)
Stockholders' Deficit:    
Preferred stock, $0.0001 par value; 1,000,000 shares authorized; no shares issued and outstanding 0 0
Accumulated deficit (6,306,809) (5,887,803)
Total Beard Energy Transition Acquisition Corp. deficit (6,306,234) (5,887,228)
Non-controlling interest in subsidiary (80,260) (80,238)
Total stockholders' deficit (6,386,494) (5,967,466)
Total Liabilities, Redeemable Class A Common Stock and Stockholders' Deficit 236,860,211 237,068,554
Class A Common Stock    
Current liabilities:    
Class A common stock subject to possible redemption, 23,001,250 shares at redemption value of $10.20 per share 234,642,103 234,626,959
Stockholders' Deficit:    
Common stock, value 0 0
Class V Common Stock    
Stockholders' Deficit:    
Common stock, value $ 575 $ 575