| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 | Dec'17 | Sep'17 |
|---|---|---|---|---|---|---|---|---|---|---|
ASSETS | ||||||||||
Current Assets | ||||||||||
Cash – Beginning | ||||||||||
167 | 1,061 | 1,273 | 1,402 | 1,506 | 1,658 | 1,754 | 1,722 | 1,902 | 2,090 | 340 |
Prepaid expenses | ||||||||||
42 | - | 30 | 67 | 104 | 87 | 128 | 172 | 223 | 217 | - |
Prepaid income taxes | ||||||||||
63 | 138 | - | - | - | 170 | - | - | - | - | - |
Income tax receivable | ||||||||||
- | - | 73 | - | - | - | - | - | - | - | - |
Total Current Assets | ||||||||||
274 | 1,199 | 1,378 | 1,469 | 1,611 | 1,916 | 1,883 | 1,894 | 2,126 | 2,307 | - |
Deferred tax asset | ||||||||||
- | - | - | - | 0 | - | - | - | - | - | - |
Cash and marketable securities held in Trust Account | ||||||||||
61,327 | 195,312 | 205,832 | 204,888 | 203,943 | 202,915 | 202,145 | 201,331 | 200,747 | 200,119 | - |
Deferred offering costs | ||||||||||
- | - | - | - | - | - | - | - | - | - | 60 |
TOTAL ASSETS | ||||||||||
61,601 | 196,511 | 207,210 | 206,357 | 205,555 | 204,831 | 204,028 | 203,226 | 202,873 | 202,426 | 400 |
LIABILITIES AND STOCKHOLDERS’ EQUITY | ||||||||||
Current Liabilities | ||||||||||
Current Liabilities – Accounts payable and accrued expenses | ||||||||||
3,494 | 2,771 | 1,125 | 745 | 341 | 429 | 350 | 126 | 72 | 111 | - |
Accrued offering costs | ||||||||||
- | - | - | - | - | 8 | 8 | 8 | 8 | 40 | 5 |
Income tax payable | ||||||||||
- | - | - | 11 | 45 | - | 0 | 0 | 116 | 3 | - |
Promissory notes - related parties | ||||||||||
- | - | - | - | - | - | - | - | - | - | 375 |
Total Current Liabilities | ||||||||||
3,494 | 2,771 | 1,125 | 327 | 387 | 437 | 359 | 135 | 197 | 156 | 380 |
Promissory note | ||||||||||
566 | 566 | - | - | - | - | - | - | - | - | - |
Convertible promissory notes – related parties | ||||||||||
1,000 | - | - | - | - | - | - | - | - | - | - |
Due to stockholders | ||||||||||
40,000 | - | - | - | - | - | - | - | - | - | - |
Deferred tax liability | ||||||||||
- | - | 8 | 13 | - | 1 | - | - | - | - | - |
Deferred underwriting fee payable | ||||||||||
7,000 | 7,000 | 7,000 | 7,000 | 7,000 | 7,000 | 7,000 | 7,000 | 7,000 | 7,000 | - |
Total Liabilities | ||||||||||
52,060 | 10,337 | 8,134 | 7,770 | 7,387 | 7,439 | 7,359 | 7,135 | 7,197 | 7,156 | - |
Commitments | ||||||||||
Common stock subject to possible redemption, 433,788 and 17,501,073 shares at redemption value at March 31, 2020 and December 31, 2019, respectively | ||||||||||
4,541 | 181,174 | - | - | - | - | - | - | - | - | - |
Commitments | ||||||||||
- | - | - | - | - | - | 0 | - | - | - | 0 |
Common stock subject to possible redemption, 17,501,073 and 18,960,928 shares at redemption value at December 31, 2019 and 2018, respectively | ||||||||||
- | - | 194,076 | 193,586 | 193,168 | 192,392 | 191,668 | 191,091 | 190,676 | 190,270 | - |
Stockholders’ Equity | ||||||||||
Preferred stock, $0.0001 par value; 1,000,000 authorized; none issued and outstanding | ||||||||||
- | - | - | - | - | - | 0 | 0 | 0 | - | 0 |
Common stock, $0.0001 par value; 100,000,000 shares authorized; 6,604,785 and 6,375,178 shares issued and outstanding (excluding 433,788 and 17,501,073 shares subject to possible redemption) at March 31, 2020 and December 31, 2019, respectively | ||||||||||
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Additional paid-in capital | ||||||||||
2,892 | 2,542 | 1,224 | 1,713 | 2,132 | 2,908 | 3,631 | 4,209 | 4,624 | 5,030 | 24 |
Retained earnings | ||||||||||
2,106 | 2,456 | 3,775 | 3,285 | 2,866 | 2,090 | 1,367 | 789 | 374 | -31 | -5 |
Total Stockholders’ Equity | ||||||||||
5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 20 |
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY | ||||||||||
61,601 | 196,511 | 207,210 | 206,357 | 205,555 | 204,831 | 204,028 | 203,226 | 202,873 | 202,426 | 400 |