| Dec'19 | Dec'18 | Dec'17 | ||||
|---|---|---|---|---|---|---|
Net income | ||||||
1,387 | 2,806 | - | ||||
Net income | ||||||
- | - | 119 | ||||
Costs paid directly to vendors by Sponsor | ||||||
- | - | 6 | ||||
Adjustments to reconcile net income to net cash used in operating activities: | ||||||
Interest income earned on Trust Account | ||||||
-6,482 | -5,559 | -403 | ||||
Changes in operating assets and liabilities: | ||||||
Decrease in prepaid expenses and other current assets | ||||||
- | - | 12 | ||||
Increase in accounts payable and accrued expenses | ||||||
341 | -169 | - | ||||
Decrease in accounts payable | ||||||
- | - | 17 | ||||
Increase in accrued expenses | ||||||
1,494 | 270 | 95 | ||||
Increase in accrued franchise and income taxes | ||||||
217 | -70 | - | ||||
Increase in accrued taxes | ||||||
- | - | 155 | ||||
Increase in prepaid expenses, rounding and other | ||||||
-27 | -83 | - | ||||
Net cash used in operating activities | ||||||
-3,450 | -2,499 | -23 | ||||
Cash flows from investing activities - | ||||||
Redemption of Class A common stock | ||||||
7,108 | - | - | ||||
Deposit a portion of related party loans in Trust Account | ||||||
-1,758 | - | - | ||||
Withdrawal from Trust Account for taxes and working capital | ||||||
2,638 | 1,927 | - | ||||
Net cash provided by investing activities | ||||||
-6,228 | 1,927 | - | ||||
Cash deposited in Trust Account | ||||||
- | - | 300,000 | ||||
Cash flows from financing activities – | ||||||
Withdrawal from Trust Account for redemption of Class A common stock | ||||||
-7,108 | - | - | ||||
Cash flows from financing activities – Proceeds from related party loans | ||||||
1,958 | - | - | ||||
Proceeds from sale of note payable to Sponsor | ||||||
- | - | 283 | ||||
Proceeds from sale of Public Offering Units | ||||||
- | - | 300,000 | ||||
Proceeds from sale of Private Placement Warrants, net of $474,000 of Sponsor Notes converted to warrants | ||||||
- | - | 8,276 | ||||
Payment of underwriting discounts | ||||||
- | - | 6,000 | ||||
Payment of offering costs | ||||||
- | - | 710 | ||||
Payment of notes payable to Sponsor | ||||||
- | - | -100 | ||||
Net cash provided by financing activities | ||||||
9,066 | - | 301,749 | ||||
Net increase in cash | ||||||
-612 | -572 | 1,726 | ||||
Supplemental disclosure of non-cash financing activities: | ||||||
Cash paid for income taxes | ||||||
1,397 | 1,215 | - | ||||
Change in value of common stock subject to possible redemption | ||||||
-5,721 | 2,806 | - | ||||
Notes payable - Sponsor advances paid directly to vendors | ||||||
- | - | 6 | ||||
Deferred offering costs included in accounts payable | ||||||
- | - | 177 | ||||
Notes payable to Sponsor converted to Private Placement Warrants | ||||||
- | - | 474 | ||||