Barington/hilco acquisition corp. (BHAC)
CashFlow / Yearly
Dec'17Dec'16Dec'15
Cash Flows from Operating Activities:
Net loss

-2,113

-242

-473

Adjustments to reconcile net loss to net cash used in operating activities:
Interest earned on Trust Account

182

80

3

Changes in operating assets and liabilities:
Prepaid expenses

-3

-46

50

Accounts payable and accrued expenses

2,009

69

79

Net cash used in operating activities

-283

-207

-

Accrued formation and offering costs

-

-

80

Net cash used in operating activities

-

-

-368

Cash Flows from Investing Activities:
Investment of cash held in Trust Account

672

200

43,642

Cash withdrawn from Trust Account

29,935

0

-

Net cash provided by investing activities

29,263

-200

-

Net cash provided by investing activities

-

-

-43,642

Cash Flows from Financing Activities:
Advances from third party

425

0

-

Proceeds from issuance of Common Stock to sponsors

-

-

0

Proceeds from sale of Units, net of underwriting discounts paid

-

-

38,800

Proceeds from sale of Private Units

-

-

2,950

Proceeds from sale of over-allotment Units, net of underwriting discounts paid

-

-

2,842

Proceeds from sale of Unit Purchase Option

-

-

0

Payment of offering costs

-

-

325

Proceeds from promissory notes - related parties

255

230

0

Redemption of common stock

29,679

0

-

Net cash used in financing activities

-28,999

230

-

Repayment of promissory notes - related parties

-

-

120

Net cash used in financing activities

-

-

44,147

Net Change in Cash

-19

-177

135

Supplemental disclosure of noncash investing and financing activities:
Initial classification of common stock subject to possible redemption

-

-

36,445

Change in value of common stock subject to possible redemption

2,113

-242

2,371