| Sep'18 | Jun'18 | Mar'18 | Dec'17 | Sep'17 | Jun'17 | |
|---|---|---|---|---|---|---|
Cash Flows from Operating Activities: | ||||||
Net (loss) income | ||||||
-90,555 | 22,387 | -3,166 | -88,622 | 3,843 | -1,500 | |
Adjustments to reconcile net (loss) income to net cash used in operating activities: | ||||||
Interest earned on marketable securities held in Trust Account | ||||||
274,089 | 248,608 | 193,459 | 161,137 | 3,306 | 0 | |
Unrealized gain on marketable securities held in Trust Account | ||||||
-3,207 | -4,702 | 10,073 | -9,099 | 12,169 | 0 | |
Changes in operating assets and liabilities: | ||||||
Prepaid expenses | ||||||
-12,834 | -25,775 | 13,573 | -27,023 | 75,500 | 0 | |
Accounts payable and accrued expenses | ||||||
120,627 | 47,720 | 15,218 | - | - | 1,500 | |
Income taxes payable | ||||||
- | - | - | - | 1,207 | 0 | |
Net cash used in operating activities | ||||||
-179,593 | -142,915 | -205,053 | -129,259 | -87,425 | 0 | |
Cash withdrawn from Trust Account | ||||||
-6,972 | -13,944 | -34,910 | - | - | 0 | |
Net cash used in investing activities | ||||||
-568,028 | 13,944 | 34,910 | 0 | -57,500,000 | 0 | |
Cash Flows from Financing Activities: | ||||||
Proceeds from promissory notes - related party | ||||||
- | - | - | 247,580 | -81,105 | 81,105 | |
Proceeds from issuance of Class F common stock to initial stockholders | ||||||
- | - | - | 0 | 0 | 25,000 | |
Payment of offering costs | ||||||
- | - | - | - | 393,291 | 81,105 | |
Net cash provided by financing activities | ||||||
- | - | - | 0 | 58,025,704 | 25,000 | |
Net Change in Cash | ||||||
-27,221 | -128,971 | -170,143 | -129,259 | 438,279 | 25,000 | |
Non-cash investing and financing activities: | ||||||
Change in value of common stock subject to redemption | ||||||
-90,555 | 22,387 | -3,166 | -88,621 | 3,845 | 0 | |