| Dec'19 | Dec'18 | |||||
|---|---|---|---|---|---|---|
Cash Flows from Operating Activities: | ||||||
Net (loss) income | ||||||
820 | 1,081 | |||||
Adjustments to reconcile net (loss) income to net cash used in operating activities: | ||||||
Interest earned on marketable securities held in Trust Account | ||||||
2,651 | 2,132 | |||||
Unrealized gain on marketable securities held in Trust Account | ||||||
9 | 13 | |||||
Deferred tax (benefit) provision | ||||||
2 | - | |||||
Changes in operating assets and liabilities: | ||||||
Prepaid expenses | ||||||
12 | 6 | |||||
Prepaid income taxes | ||||||
2 | - | |||||
Accounts payable and accrued expenses | ||||||
223 | 306 | |||||
Income taxes payable | ||||||
-284 | 284 | |||||
Net cash used in operating activities | ||||||
-1,914 | -480 | |||||
Cash Flows from Investing Activities: | ||||||
Investment of cash in Trust Account | ||||||
2,199 | 126,250 | |||||
Cash withdrawn from Trust Account to pay franchise taxes | ||||||
1,009 | - | |||||
Cash withdrawn from Trust Account for redemptions | ||||||
14,962 | - | |||||
Net cash provided by investing activities | ||||||
13,772 | -126,250 | |||||
Cash Flows from Financing Activities: | ||||||
Proceeds from sale of Units, net of underwriting discounts paid | ||||||
- | 122,500 | |||||
Proceeds from sale of Private Placement Warrants | ||||||
- | 4,900 | |||||
Advances from related party | ||||||
164 | 88 | |||||
Repayment of advances from related party | ||||||
164 | 143 | |||||
Proceeds from convertible promissory notes – related party | ||||||
3,347 | - | |||||
Repayment of convertible promissory notes – related party | ||||||
330 | - | |||||
Payment of offering costs | ||||||
- | 528 | |||||
Redemption of common shares | ||||||
14,962 | - | |||||
Net cash used in financing activities | ||||||
-11,944 | 126,816 | |||||
Net Change in Cash | ||||||
-87 | 86 | |||||
Supplementary cash flow information: | ||||||
Cash paid for income taxes | ||||||
710 | - | |||||
Non-Cash investing and financing activities: | ||||||
Initial classification of common stock subject to possible redemption | ||||||
- | 117,371 | |||||
Change in value of common stock subject to possible redemption | ||||||
820 | 1,079 | |||||
Deferred underwriting fees | ||||||
- | 4,375 | |||||
Deferred legal fee payable | ||||||
- | 72 | |||||