Gordon pointe acquisition corp. (GPAQ)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17
Cash Flows from Operating Activities:
Net (loss) income

-459,715

-82,548

-30,315

488,526

444,697

411,274

346,395

287,754

35,856

-1,390

-24

-1,002

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

293,082

510,942

635,824

770,755

733,515

698,688

628,346

513,904

292,038

-

0

0

Unrealized gain on marketable securities held in Trust Account

-

-11,567

17,938

-4,268

7,485

13,507

-19,592

36,642

-16,762

-

-

-

Deferred tax (benefit) provision

-2,014

-2,429

3,767

-896

1,572

-

-

-

-

-

-

-

Unrealized gain on marketable securities held in Trust Account

-

-

-

-

-

-

-

-

-

-

0

0

Changes in operating assets and liabilities:
Prepaid expenses

53,905

5,001

-32,501

46,250

-6,527

-39,646

-41,660

4,141

83,692

-

0

0

Prepaid income taxes

-2,673

-

-

-

-

-

-

-

-

-

-

-

Accounts payable and accrued expenses

227,483

23,891

206,170

12,080

-18,662

95,814

60,225

29,033

121,899

1,316

0

978

Income taxes payable

31,500

-106,693

101,314

-399,243

119,664

106,856

92,079

76,492

9,531

-

0

0

Net cash used in operating activities

-547,060

-674,828

-340,325

-712,270

-187,202

-58,605

-68,395

-161,408

-191,682

-74

-24

-24

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

530,807

-

-

-

-

0

0

0

126,250,000

-

0

0

Cash withdrawn from Trust Account to pay franchise taxes

33,810

-

-

-

166,365

-

-

-

-

-

-

-

Cash withdrawn from Trust Account for redemptions

31,975,073

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by investing activities

31,478,076

-881,340

13,890,251

596,909

166,365

0

0

0

-126,250,000

-

0

0

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

-

-

-

-

-

-

-

-

-

0

0

25,000

Proceeds from sale of Units, net of underwriting discounts paid

-

-

-

-

-

0

0

0

122,500,000

-

0

0

Proceeds from sale of Private Placement Warrants

-

-

-

-

-

0

0

0

4,900,000

-

0

0

Advances from related party

-

0

0

0

164,850

0

0

0

88,095

39,686

0

15,521

Repayment of advances from related party

-

0

0

0

164,850

0

0

88,095

55,207

-

0

0

Proceeds from convertible promissory notes – related party

1,100,842

-

-

-

-

-

-

-

-

-

-

-

Payment of offering costs

-

-

-

-

-

0

0

0

528,339

39,309

0

37,583

Redemption of common shares

31,975,073

-

-

-

-

-

-

-

-

-

-

-

Net cash used in financing activities

-30,874,231

-

-

-

-

0

0

-88,095

126,904,549

377

0

2,938

Net Change in Cash

56,785

-89,417

38,180

-15,361

-20,837

-58,605

-68,395

-249,503

462,867

303

-24

2,914

Non-Cash investing and financing activities:
Initial classification of common stock subject to possible redemption

-

-

-

-

-

0

0

0

117,371,161

-

0

0

Change in value of common stock subject to possible redemption

-459,718

-82,548

-30,307

488,518

444,700

411,274

346,392

287,759

34,542

-

0

0

Deferred underwriting fees

-

-

-

-

-

0

0

0

4,375,000

-

-

-

Deferred legal fee payable

-

-

-

-

-

0

0

0

72,500

-

-

-

Deferred offering costs included in accrued offering costs

-

-

-

-

-

-

-

-

-

45,537

77,258

131,936