| Dec'19 | Dec'18 | Dec'17 | ||||
|---|---|---|---|---|---|---|
Cash Flows from Operating Activities: | ||||||
Net (loss) income | ||||||
-91 | 1,040 | 123 | ||||
Adjustments to reconcile net (loss) income to net cash used in operating activities: | ||||||
Interest income earned on investments held in Trust Account | ||||||
1,374 | 2,052 | - | ||||
Interest income earned on marketable securities held in Trust Account | ||||||
- | - | 663 | ||||
Changes in operating assets and liabilities: | ||||||
Prepaid income taxes | ||||||
25 | - | - | ||||
Prepaid expenses | ||||||
51 | -41 | 41 | ||||
Accounts payable and accrued expenses | ||||||
173 | 70 | -53 | ||||
Franchise and income taxes payable | ||||||
-82 | -6 | 88 | ||||
Due to related party | ||||||
- | 117 | 49 | ||||
Net cash used in operating activities | ||||||
-1,452 | -789 | -497 | ||||
Cash Flows from Investing Activities: | ||||||
Cash withdrawn from Trust Account for redemptions | ||||||
108,427 | - | - | ||||
Investment of cash in Trust Account | ||||||
646 | - | - | ||||
Investment of cash in Trust Account | ||||||
- | - | 116,150 | ||||
Interest income released from Trust Account to pay taxes | ||||||
-456 | -474 | -225 | ||||
Net cash (used in) provided by investing activities | ||||||
108,236 | 474 | -115,925 | ||||
Cash Flows from Financing Activities: | ||||||
Proceeds from convertible promissory note from related party | ||||||
337 | - | - | ||||
Advances from related party | ||||||
840 | 356 | 107 | ||||
Repayment of advances from related party | ||||||
100 | 200 | 61 | ||||
Repayment of convertible promissory note | ||||||
209 | - | - | ||||
Proceeds from promissory note – 180 | ||||||
-1,049 | - | - | ||||
Redemptions of common stock | ||||||
-108,427 | - | - | ||||
Proceeds from sale of Units, net of underwriting discounts paid | ||||||
- | - | 112,125 | ||||
Proceeds from sale of Private Units | ||||||
- | - | 5,025 | ||||
Proceeds from note payable - related party | ||||||
- | - | 51 | ||||
Repayment of note payable - related party | ||||||
- | - | 191 | ||||
Payment of offering costs | ||||||
- | - | 272 | ||||
Net cash provided by (used in) financing activities | ||||||
-106,508 | 156 | 116,783 | ||||
Net Change in Cash | ||||||
275 | -157 | 361 | ||||
Supplementary cash flow information: | ||||||
Cash paid for income taxes | ||||||
297 | 369 | 225 | ||||
Non-cash investing and financing activities: | ||||||
Change in value of common stock subject to possible redemption | ||||||
-91 | 1,040 | - | ||||
Conversion of advances and promissory notes to convertible promissory notes | ||||||
314 | - | - | ||||
Contribution of Initial Loan to Trust Account by Sponsor | ||||||
573 | - | - | ||||
Transfer of convertible notes owed to the Sponsor to promissory note owed to Tyche Capital LLC | ||||||
650 | - | - | ||||
Transfer of promissory note owed to Tyche Capital LLC to promissory note owed to 180 | ||||||
650 | - | - | ||||
Deferred underwriting fees charged to additional paid in capital | ||||||
- | - | 4,025 | ||||
Deferred offering costs charged to additional paid in capital | ||||||
- | - | 172 | ||||