S-1 Filing

Vicarious Surgical Inc. CIK: 1812173

Filing Information

Form Type	S-1
Accession Number	`0001213900-21-053039`
Period End Date	20210630
Filing Date	20211015
Fiscal Year	N/A
Fiscal Period	N/A
XBRL Instance	fs12021_vicarious_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 46 Income Statement 28 Cash Flow Statement 55 Stockholders Equity 21

Balance Sheet 46 line items

Line Item	Tag	Value	Unit	Period
Cash	`Cash`	$1.10M	USD	Point-in-time
Cash	`Cash`	$236.12K	USD	Point-in-time
Preference shares, par value (in Dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preference shares, par value (in Dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preference shares, shares authorized	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$132.96K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$41.00K	USD	Point-in-time
Preference shares, shares authorized	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$277.12K	USD	Point-in-time
Preference shares, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Preference shares, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Total current assets	`AssetsCurrent`	$1.23M	USD	Point-in-time
Preference shares, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Preference shares, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Investments held in Trust Accounts	`AssetsHeldInTrust`	$345.27M	USD	Point-in-time
Investments held in Trust Accounts	`AssetsHeldInTrust`	$345.19M	USD	Point-in-time
Total Assets	`Assets`	$346.42M	USD	Point-in-time
Total Assets	`Assets`	$345.54M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$77.66K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$13.68K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$2.09M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$112.54K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$126.22K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.17M	USD	Point-in-time
Deferred underwriting commissions	`DeferredIncomeNoncurrent`	$12.07M	USD	Point-in-time
Deferred underwriting commissions	`DeferredIncomeNoncurrent`	$12.07M	USD	Point-in-time
Warrant liabilities	`WarrantsAndRightsOutstanding`	$29.42M	USD	Point-in-time
Warrant liabilities	`WarrantsAndRightsOutstanding`	$50.71M	USD	Point-in-time
Total liabilities	`Liabilities`	$64.95M	USD	Point-in-time
Total liabilities	`Liabilities`	$41.62M	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Shares subject to possible redemption	`TemporaryEquityCarryingAmountAttributableToParent`	$275.59M	USD	Point-in-time
Shares subject to possible redemption	`TemporaryEquityCarryingAmountAttributableToParent`	$299.80M	USD	Point-in-time
Preference shares, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding as of June 30, 2021 and December 31, 2020	`PreferredStockValue`	-	USD	Point-in-time
Preference shares, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding as of June 30, 2021 and December 31, 2020	`PreferredStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$14.46M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$38.67M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-33.68M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-9.46M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$-1.70K	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$5.00M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$5.00M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	-	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$5.00M	USD	Point-in-time
Total Liabilities and Shareholders Equity	`LiabilitiesAndStockholdersEquity`	$346.42M	USD	Point-in-time
Total Liabilities and Shareholders Equity	`LiabilitiesAndStockholdersEquity`	$345.54M	USD	Point-in-time

Income Statement 28 line items

Line Item	Tag	Value	Unit	Period
Operating expenses	`OperatingExpense`	$1.44M	USD	1 Quarter
Operating expenses	`OperatingExpense`	$2.94M	USD	2 Qtrs
Operating expenses	`OperatingExpense`	$26.70K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$30.00K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	-	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$297.47K	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$60.00K	USD	2 Qtrs
Administrative fee related party	`AdministrativeFeesExpense`	$3.00M	USD	2 Qtrs
Administrative fee related party	`AdministrativeFeesExpense`	$1.47M	USD	1 Quarter
Administrative fee related party	`AdministrativeFeesExpense`	$26.70K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-21.29M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-352.31K	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	-	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-19.57M	USD	1 Quarter
Change in fair value of warrant liabilities	`ChangeInFairValueOfWarrantLiabilities`	$6.97K	USD	1 Quarter
Change in fair value of warrant liabilities	`ChangeInFairValueOfWarrantLiabilities`	-	USD	1 Quarter
Change in fair value of warrant liabilities	`ChangeInFairValueOfWarrantLiabilities`	$74.24K	USD	2 Qtrs
Change in fair value of warrant liabilities	`ChangeInFairValueOfWarrantLiabilities`	$-8.61M	USD	3 Qtrs
Net gain from investments held in Trust Accounts	`GainLossOnInvestments`	$-21.03M	USD	1 Quarter
Net gain from investments held in Trust Accounts	`GainLossOnInvestments`	$-26.70K	USD	1 Quarter
Net gain from investments held in Trust Accounts	`GainLossOnInvestments`	$-24.21M	USD	2 Qtrs
Net gain from investments held in Trust Accounts	`GainLossOnInvestments`	$191.13K	USD	3 Qtrs
Net loss	`ProfitLoss`	$-9.46M	USD	3 Qtrs
Net loss	`ProfitLoss`	-	USD	1 Quarter
Net loss	`ProfitLoss`	-	USD	2 Qtrs
Net loss	`ProfitLoss`	-	USD	1 Quarter
Financing cost derivative warrant liabilities	`DerivativeGainLossOnDerivativeNet`	$-688.53K	USD	3 Qtrs
General and administrative related party	`OtherSellingGeneralAndAdministrativeExpense`	$54.84K	USD	3 Qtrs

Cash Flow Statement 55 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-26.70K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-24.21M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-9.46M	USD	3 Qtrs
General and administrative expenses paid by related parties	`RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty`	$16.75K	USD	3 Qtrs
Change in fair value of warrant liabilities	`ChangeInFairValuesOfWarrantLiabilities`	-	USD	1 Quarter
Change in fair value of warrant liabilities	`ChangeInFairValuesOfWarrantLiabilities`	$21.29M	USD	2 Qtrs
Change in fair value of warrant liabilities	`ChangeInFairValuesOfWarrantLiabilities`	$8.61M	USD	3 Qtrs
Financing cost derivative warrant liabilities	`FinancingCostDerivativeWarrantLiabilitie`	$-688.53K	USD	3 Qtrs
Net gain from investments held in Trust Accounts	`NetGainFromInvestmentsHeldInTrustAccounts`	$191.13K	USD	3 Qtrs
Net gain from investments held in Trust Accounts	`NetGainFromInvestmentsHeldInTrustAccounts`	$74.24K	USD	2 Qtrs
Net gain from investments held in Trust Accounts	`NetGainFromInvestmentsHeldInTrustAccounts`	-	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-91.96K	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	-	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$132.96K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$16.97K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$13.68K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$63.97K	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$1.98M	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$9.74K	USD	1 Quarter
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$27.54K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-861.20K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-427.30K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	-	USD	1 Quarter
Principal deposited in Trust Accounts	`PaymentsToAcquireInvestments`	$345.00M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-345.00M	USD	3 Qtrs
Repayment of note payable and advances to related party	`ProceedsFromRepaymentsOfRelatedPartyDebt`	$-126.76K	USD	3 Qtrs
Proceeds received from initial public offering, gross	`ProceedsFromIssuanceInitialPublicOffering`	$345.00M	USD	3 Qtrs
Proceeds from private placement	`ProceedsFromIssuanceOfPrivatePlacement`	$8.90M	USD	3 Qtrs
Payment of offering costs	`PaymentsOfStockIssuanceCosts`	$7.25M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$346.52M	USD	3 Qtrs
Net change in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-861.20K	USD	2 Qtrs
Net change in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	-	USD	1 Quarter
Net change in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$1.10M	USD	3 Qtrs
Cash beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$236.12K	USD	Point-in-time
Cash beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$1.10M	USD	Point-in-time
Cash beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash end of the period	`CashAndCashEquivalentsAtCarryingValue`	$236.12K	USD	Point-in-time
Cash end of the period	`CashAndCashEquivalentsAtCarryingValue`	$1.10M	USD	Point-in-time
Cash end of the period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash end of the period	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Offering costs paid in exchange for issuance of Class B ordinary shares to Sponsor	`OfferingCostsPaidInExchangeForIssuanceOfClassBOrdinarySharesToSponsor`	$25.00K	USD	1 Quarter
Offering costs paid in exchange for issuance of Class B ordinary shares to Sponsor	`OfferingCostsPaidInExchangeForIssuanceOfClassBOrdinarySharesToSponsor`	$25.00K	USD	3 Qtrs
Offering costs paid in exchange for issuance of Class B ordinary shares to Sponsor	`OfferingCostsPaidInExchangeForIssuanceOfClassBOrdinarySharesToSponsor`	-	USD	2 Qtrs
Offering costs included in accrued expenses	`OfferingCostIncludedInAccruedExpenses`	$254.36K	USD	1 Quarter
Offering costs included in accrued expenses	`OfferingCostIncludedInAccruedExpenses`	$85.00K	USD	3 Qtrs
Offering costs included in accrued expenses	`OfferingCostIncludedInAccruedExpenses`	-	USD	2 Qtrs
Offering costs included in note payable	`OfferingCostIncludedInNotePayable`	$107.48K	USD	1 Quarter
Offering costs included in note payable	`OfferingCostIncludedInNotePayable`	-	USD	2 Qtrs
Offering costs included in note payable	`OfferingCostIncludedInNotePayable`	$110.02K	USD	3 Qtrs
Deferred underwriting commissions in connection with the initial public offering	`DeferredUnderwritingCommissionsInConnectionWithTheInitialPublicOffering`	$12.07M	USD	3 Qtrs
Initial value of Class A ordinary shares subject to possible redemption	`InitialValueOfClassAOrdinarySharesSubjectToPossibleRedemption`	$-267.56M	USD	3 Qtrs
Change in value of Class A ordinary shares subject to possible redemption	`ChangeInValueOfClassAOrdinaryShareSubjectToPossibleRedemption`	-	USD	1 Quarter
Change in value of Class A ordinary shares subject to possible redemption	`ChangeInValueOfClassAOrdinaryShareSubjectToPossibleRedemption`	$24.21M	USD	2 Qtrs
Change in value of Class A ordinary shares subject to possible redemption	`ChangeInValueOfClassAOrdinaryShareSubjectToPossibleRedemption`	$32.24M	USD	3 Qtrs

Stockholders Equity 21 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$-1.70K	USD	Point-in-time
Balance	`StockholdersEquity`	$5.00M	USD	Point-in-time
Balance	`StockholdersEquity`	$5.00M	USD	Point-in-time
Balance	`StockholdersEquity`	-	USD	Point-in-time
Balance	`StockholdersEquity`	$5.00M	USD	Point-in-time
Shares subject to possible redemption	`StockIssuedDuringPeriodValueSharesSubjectToPossibleRedemption`	$3.18M	USD	1 Quarter
Shares subject to possible redemption	`StockIssuedDuringPeriodValueSharesSubjectToPossibleRedemption`	$-299.80M	USD	3 Qtrs
Shares subject to possible redemption	`StockIssuedDuringPeriodValueSharesSubjectToPossibleRedemption`	$21.03M	USD	1 Quarter
Issuance of Class B ordinary shares to Sponsor	`StockIssuedDuringPeriodValueNewIssues`	$25.00K	USD	1 Quarter
Issuance of Class B ordinary shares to Sponsor	`StockIssuedDuringPeriodValueNewIssues`	$25.00K	USD	3 Qtrs
Sale of units in initial public offering, less fair value of public warrants	`StockIssueDuringPeriodValueSaleOfUnitsInInitialPublicOfferingLessFairValueOfPublicWarrants`	$333.10M	USD	3 Qtrs
Offering costs	`StockIssueDuringPeriodValueOfferingCosts`	$-18.86M	USD	3 Qtrs
Net loss	`NetIncomeLossAttributableToNoncontrollingInterest`	$-21.03M	USD	1 Quarter
Net loss	`NetIncomeLossAttributableToNoncontrollingInterest`	$-3.18M	USD	1 Quarter
Net loss	`NetIncomeLossAttributableToNoncontrollingInterest`	$-9.46M	USD	3 Qtrs
Net loss	`NetIncomeLossAttributableToNoncontrollingInterest`	$-26.70K	USD	1 Quarter
Balance	`StockholdersEquity`	$-1.70K	USD	Point-in-time
Balance	`StockholdersEquity`	$5.00M	USD	Point-in-time
Balance	`StockholdersEquity`	$5.00M	USD	Point-in-time
Balance	`StockholdersEquity`	-	USD	Point-in-time
Balance	`StockholdersEquity`	$5.00M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.