| Mar'15 | Dec'14 | Sep'14 | Jun'14 | Mar'14 | Dec'13 | Sep'13 | Jun'13 | Mar'13 | Dec'12 | Sep'12 | Jun'12 | Mar'12 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash Flows from Operating Activities | ||||||||||||
Net Income | ||||||||||||
-414 | -1,631 | -2,644 | -3,074 | -2,908 | -1,026 | 568 | 1,437 | 1,849 | -58 | 0 | 0 | 0 |
Adjustment to reconcile net income to net cash used in operating activities: | ||||||||||||
Change in Fair Value of Warrant Liability | ||||||||||||
-3,228 | -1,575 | -161 | 1,023 | 1,575 | 0 | -1,417 | -1,811 | -2,047 | 0 | 0 | 0 | 0 |
Change in operating assets and liabilities: | ||||||||||||
Prepaid Expenses | ||||||||||||
41 | 48 | 132 | 181 | -248 | -82 | -137 | -186 | 201 | -5 | 0 | 0 | 0 |
Accounts Payable and Accrued Expenses | ||||||||||||
2,110 | 1,990 | 1,565 | 995 | 332 | 143 | 247 | 19 | 33 | 25 | 0 | 0 | 0 |
Interest - net of interest expense on Trust Account | ||||||||||||
-8 | -13 | -21 | -30 | -38 | -46 | -39 | -29 | -16 | -1 | 0 | 0 | 0 |
Interest withdrawn from Trust Account | ||||||||||||
- | - | - | - | - | 0 | 0 | 0 | 0 | - | - | - | - |
Due to Affiliate | ||||||||||||
5 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 0 | 0 | 0 |
Due from Sponsor | ||||||||||||
- | - | - | - | - | 0 | 0 | 0 | 0 | - | 0 | 0 | 0 |
Net Cash Used In Operating Activities | ||||||||||||
-1,434 | -1,122 | -1,070 | -919 | -888 | -1,011 | -776 | -540 | -377 | -38 | 0 | 0 | 0 |
Cash Flows from Investing Activities | ||||||||||||
Proceeds from interest earned in Trust Account | ||||||||||||
0 | - | - | - | 0 | - | - | - | - | - | - | - | - |
Proceeds from sale of securities in Trust Account | ||||||||||||
0 | - | - | - | 0 | - | - | - | - | - | - | - | - |
Proceeds deposited in Trust Account | ||||||||||||
- | - | - | - | - | 0 | 75,000 | 75,000 | 75,000 | 75,000 | 0 | 0 | 0 |
Net Cash used in Investing Activities | ||||||||||||
35,534 | 0 | 0 | 69 | 67 | 0 | -75,000 | -75,027 | -75,014 | -75,000 | 0 | 0 | 0 |
Cash Flows from Financing Activities | ||||||||||||
Proceeds from Sale of Common Stock to Sponsor | ||||||||||||
- | - | - | - | - | - | 0 | 0 | 0 | - | 0 | 0 | 0 |
Proceeds from Public Offering | ||||||||||||
- | - | - | - | - | - | - | 75,000 | 75,000 | 75,000 | 0 | 0 | 0 |
Proceeds from Issuance of Units to Sponsor | ||||||||||||
- | - | - | - | - | - | 3,750 | 3,750 | 3,750 | 3,750 | 0 | 0 | 0 |
Proceeds from Note Payable, Affiliate of Sponsor | ||||||||||||
459 | 440 | 440 | 153 | 153 | 0 | 30 | 30 | 30 | 30 | 0 | 0 | 0 |
Principal Payments on Note Payable, Affiliate of Sponsor | ||||||||||||
- | - | - | - | - | - | 30 | 30 | 30 | 30 | 0 | 0 | 0 |
Proceeds from Note Payable, Sponsor | ||||||||||||
740 | 709 | 709 | 246 | 246 | 0 | 0 | 0 | 0 | - | 0 | 0 | 0 |
Distribution of proceeds from Trust Account | ||||||||||||
0 | - | - | - | 0 | - | - | - | - | - | - | - | - |
Principal Payments on Note Payable, Sponsor | ||||||||||||
- | - | - | - | - | - | 175 | 175 | 175 | 175 | 0 | 0 | 0 |
Payment of Offering Costs | ||||||||||||
- | - | - | - | - | 16 | 2,439 | 2,443 | 2,449 | 2,459 | 0 | 0 | 0 |
Net Cash Provided by (Used In) Financing Activities | ||||||||||||
-34,383 | 1,150 | 1,150 | 383 | 383 | -16 | 76,135 | 76,131 | 76,125 | 76,115 | 0 | 0 | 0 |
Net (Decrease) increase in Cash | ||||||||||||
-284 | 27 | 79 | -467 | -437 | -1,028 | 359 | 562 | 733 | 1,077 | 0 | 0 | 0 |
Supplemental Disclosure of Cash Flow Information: | ||||||||||||
Cash paid for state franchise tax | ||||||||||||
0 | - | - | - | 0 | - | - | - | - | - | - | - | - |
Supplemental Disclosure for Non-cash Financing Activities | ||||||||||||
Adjustment For Warrant Liability In Connection With The Public Offering | ||||||||||||
- | - | - | - | - | - | 0 | 0 | 0 | - | - | - | - |
Adjustment for warrant liability in connection with the Public Offering | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 0 |
Deferred Underwriters' Fee | ||||||||||||
- | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 |
Accrued Expenses Included in Deferred Offering Costs | ||||||||||||
- | - | - | - | - | - | 0 | 0 | 0 | - | 0 | 0 | 0 |