Graf industrial corp. (GRAF)
CashFlow / Yearly
Dec'19
Cash Flows from Operating Activities:
Net loss

-13,922

Adjustments to reconcile net loss to net cash used in operating activities:
Income earned on investments held in Trust Account

5,239

Change in fair value of warrant liability

17,400

Changes in operating assets and liabilities:
Prepaid expenses

-71

Accounts payable

-82

Accrued expenses

-14

Franchise tax payable

96

Income tax payable

-59

Net cash used in operating activities

-1,783

Cash Flows from Investing Activities
Investment income released from Trust Account to pay franchsie and income taxes

1,141

Net cash provided by (used in) investing activities

1,141

Cash Flows from Financing Activities:
Payment of offering costs

100

Net cash provided by (used in) financing activities

-100

Net decrease in cash

-742

Supplemental disclosure of noncash activities:
Change in value of common stock subject to possible redemption

-13,938

Supplemental cash flow disclosure:
Cash paid for income taxes

1,138