Federal street acquisition corp. (FSAC)
CashFlow / Quarterly
Jun'18Mar'18Dec'17Sep'17Jun'17
Cash Flows from Operating Activities:
Net income (loss)

-879

234

531

610

-1

Adjustments to reconcile net income (loss) to net cash used in operating activities:
Interest earned on marketable securities held in Trust Account

1,959

1,509

-

-

-

Unrealized (gain) loss on marketable securities held in Trust Account

121

-32

-

-

-

Deferred taxes

742

6

-

-

-

Changes in operating assets and liabilities:
Prepaid expenses and other current assets

-

-45

-

-

-

Accounts payable and accrued expenses

2,432

846

-

-

-

Accrued expenses

-

-

-

-

1

Income taxes payable

534

18

-

-

-

Net cash used in operating activities

-681

-339

-

-

-

Cash Flows from Investing Activities:
Cash withdrawn from Trust Account

62

906

-

-

-

Net cash provided by (used in) investing activities

62

906

-

-

-

Cash Flows from Financing Activities:
Proceeds from issuance of common stock to initial stockholder

-

-

0

0

25

Proceeds from promissory note - related party

-

-

0

100

150

Payment of offering costs

-

-

0

680

152

Net cash provided by financing activities

-

-

0

464,919

22

Net Change in Cash and Cash Equivalents

-618

567

-

-

-

Net Change in Cash and Cash Equivalents

-

-

-

-

22

Non-Cash investing and financing activities:
Change in value of common stock subject to possible redemption

410

234

-

-

-

Deferred underwriting fees

-

-

-

15,984

115