| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 |
|---|---|---|---|---|---|---|
Cash Flows from Operating Activities: | ||||||
Net loss | ||||||
-14,726 | -13,922 | -9,402 | 2,656 | 0 | 0 | 0 |
Adjustments to reconcile net loss to net cash used in operating activities: | ||||||
Income earned on investments held in Trust Account | ||||||
- | 5,239 | 5,332 | 4,018 | 0 | 0 | 0 |
Change in fair value of warrant liability | ||||||
17,398 | 17,400 | 12,854 | -48 | 0 | 0 | 0 |
Formation and operating costs paid by Sponsor in exchange for issuance of common stock | ||||||
- | - | - | - | - | - | 0 |
Changes in operating assets and liabilities: | ||||||
Prepaid expenses | ||||||
-36 | -71 | 106 | 191 | 0 | 0 | 0 |
Accounts payable | ||||||
43 | -82 | -16 | -35 | 0 | 0 | 0 |
Accrued expenses | ||||||
132 | -14 | 39 | 0 | 0 | 0 | 0 |
Franchise tax payable | ||||||
0 | 96 | 150 | 100 | 0 | 0 | 0 |
Income tax payable | ||||||
-199 | -59 | 0 | 0 | 0 | 0 | 0 |
Net cash used in operating activities | ||||||
-1,939 | -1,783 | -1,805 | -1,551 | 0 | 0 | 0 |
Cash Flows from Investing Activities | ||||||
Investment income released from Trust Account to pay franchsie and income taxes | ||||||
1,341 | 1,141 | 0 | 0 | 0 | - | 0 |
Payment of offering costs | ||||||
0 | - | - | - | 0 | - | - |
Net cash provided by (used in) investing activities | ||||||
1,442 | 1,141 | -242,623 | -242,817 | 0 | 0 | 0 |
Cash Flows from Financing Activities: | ||||||
Proceeds from note payable from related parties | ||||||
- | - | - | - | - | 0 | 0 |
Payment of offering costs | ||||||
- | - | - | - | - | 0 | 0 |
Net cash provided by (used in) financing activities | ||||||
- | - | - | - | - | 0 | 0 |
Net decrease in cash | ||||||
-597 | -742 | 852 | 931 | 0 | 0 | 0 |
Supplemental disclosure of noncash activities: | ||||||
Change in value of common stock subject to possible redemption | ||||||
16,206 | -13,938 | 212,271 | 224,332 | 0 | 0 | 0 |
Deferred offering costs paid by Sponsor in exchange for issuance of common stock | ||||||
- | - | - | - | - | 0 | 0 |
Deferred offering costs included in accounts payable | ||||||
- | - | - | - | - | 0 | 0 |
Deferred offering costs included in accrued expenses | ||||||
- | - | - | - | - | 0 | 0 |
Supplemental cash flow disclosure: | ||||||
Cash paid for income taxes | ||||||
- | - | - | - | - | - | 0 |