v3.22.4
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
6 Months Ended 8 Months Ended 9 Months Ended
Jun. 30, 2022
Dec. 31, 2021
Sep. 30, 2022
Schedule of Earnings Per Share    
       
Numerator:      
Net loss for the period from August 15, 2022 through September 30, 2022   $ (34,741 )
Less: Net loss attributable to non-controlling interests for the period from August 15, 2022 through September 30, 2022     (16,933 )
Net loss for the period from August 15, 2022 through September 30, 2022 attributable to Rubicon Technologies, Inc. – Basic and diluted   $ (17,808 )
         
Denominator:        
Weighted average shares of Class A Common Stock outstanding – Basic and diluted     48,670,776  
         
Net loss per share attributable to Class A Common Stock – Basic and diluted   $ (0.37 )
Founder Spac [Member]      
Schedule of Earnings Per Share
                       
    For the
three months ended
June 30,
2022
    For the
six months ended
June 30,
2022
    For the
Period from
April 26, 2021
(inception) through
June 30,
2021
 
Class B shares outstanding     7,906,250       7,906,250       7,906,250  
Class A shares Issued upon IPO     31,625,000       31,625,000       -  
                         
Net loss available to shareholders   $ 240,071     $ 810,422     $ 8,529  

 

Two Class Method

 

    For the
three months ended
June 30,
2022
    For the
six months ended
June 30,
2022
    For the
Period from
April 26, 2021
(inception) through
June 30,
2021
 
    Class A     Class B     Class A     Class B     Class B  
Basic and Diluted net loss per share of common stock:                              
Numerator:                              
Allocation of Net loss   $ 192,057     $ 48,014     $ 648,338     $ 162,084     $ 8,529  
Denominator:                                        
Weighted Average Shares outstanding     31,625,000       7,906,250       31,625,000       7,906,250       7,906,250  
                                         
Basic and diluted net loss per common stock   $ (0.01 )   $ (0.01 )   $ (0.02 )   $ (0.02 )   $ (0.00 )
    For the
Period from
April 26, 2021
(inception) to
December 31,
2021
 
Class B shares outstanding     7,906,250  
Class A shares Issued upon IPO     31,625,000  
Proceeds allocated to Class A   $ 316,250,000  
Class A redemption amount   $ 320,993,750  
         
EPS        
Net (loss)/income   $ (915,705 )
Class A accretion to redemption amount   $ (4,743,750 )
Net (loss)/ income available to shareholders   $ (5,659,455 )

 

Two Class Method            
             
    Class A     Class B  
Allocation of Net (loss)/income available to shareholders   $ (4,527,564 )   $ (1,131,891 )
Accretion of Class A to redemption value   $ 4,743,750          
Net (loss)/income   $ 216,186     $ (1,131,891 )
                 
Weighted Average Shares outstanding     9,271,586       7,906,250  
                 
EPS   $ 0.02     $ (0.14 )