Roth CH Acquisition V Co. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

3 Months Ended

Mar. 31, 2022

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Reconciliation of common stock subject to possible redemption


Gross proceeds		$	115,000,000
Less:
Common stock issuance costs			(1,625,220)
Plus:
Accretion of carrying value to redemption value			3,350,220
Common stock subject to possible redemption		$	116,725,000

Schedule of calculation of basic and diluted net loss per common share

The following tables reflect the calculation of basic and diluted net loss per common share (in dollars, except per share amounts):


		For the Three Months Ended						For the Three Months Ended
		March 31,						March 31,
		2022						2021
		Redeemable			Non-redeemable			Redeemable			Non-redeemable
		Common stock			Common stock			Common stock			Common stock
Basic and diluted net loss per common share
Numerator:
Net loss		$	(117,614)		$	(34,124)		$	—		$	(90)
Accretion of common stock to redemption value			—			—			—			—
Net loss		$	(117,614)		$	(34,124)		$	—		$	(90)
Denominator:
Basic and diluted weighted average shares outstanding			11,500,000			3,336,500			—			2,500,000
Basic and diluted net loss per common share		$	(0.01)		$	(0.01)		$	—		$	(0.00)