| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 | Dec'17 | Sep'17 | Jun'17 | Mar'17 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net income | ||||||||||||
284 | - | - | - | 1,139 | - | - | - | - | - | - | - | - |
Net income | ||||||||||||
- | - | - | - | - | - | - | 788 | 574 | 183 | -17 | -20 | -27 |
Costs paid directly to vendors by Sponsor | ||||||||||||
- | - | - | - | - | - | - | - | - | 0 | 0 | 0 | 6 |
Adjustments to reconcile net income to net cash used in operating activities: | ||||||||||||
Interest income earned on Trust Account | ||||||||||||
-936 | -1,328 | -1,588 | -1,805 | -1,761 | -1,681 | -1,523 | -1,279 | -1,076 | -403 | 0 | 0 | 0 |
Changes in operating assets and liabilities: | ||||||||||||
Increase in accounts payable and accrued expenses | ||||||||||||
243 | -752 | 475 | 588 | 30 | 79 | 0 | -101 | -147 | - | 17 | 18 | 0 |
Increase in accrued franchise and income taxes | ||||||||||||
-196 | 22 | -10 | 435 | -230 | - | - | - | - | - | - | - | - |
Increase in accrued taxes | ||||||||||||
- | - | - | - | - | - | - | - | 240 | - | - | - | - |
Increase in prepaid expenses, rounding and other | ||||||||||||
52 | -79 | 20 | -2 | 34 | -38 | -40 | -41 | 36 | - | - | - | - |
Decrease in accrued taxes | ||||||||||||
- | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 |
Decrease in prepaid expenses | ||||||||||||
- | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 |
Net cash used in operating activities | ||||||||||||
-265 | -675 | -1,070 | -1,309 | -396 | -757 | -376 | -920 | -446 | 0 | 0 | -2 | -21 |
Cash flows from investing activities - | ||||||||||||
Deposit a portion of related party loans in Trust Account | ||||||||||||
-2,637 | - | - | - | - | - | - | - | - | - | - | - | - |
Withdrawal from Trust Account for taxes and working capital | ||||||||||||
165 | - | - | - | 1,445 | - | - | - | - | - | - | - | - |
Net cash provided by investing activities | ||||||||||||
-2,472 | - | - | - | 1,445 | - | - | - | - | - | - | - | - |
Cash flows from financing activities – | ||||||||||||
Cash flows from financing activities – Proceeds from related party loans | ||||||||||||
2,738 | - | - | - | - | - | - | - | - | - | - | - | - |
Proceeds from sale of note payable to Sponsor | ||||||||||||
- | - | - | - | - | - | - | - | - | 100 | 0 | 19 | 164 |
Payment of offering costs | ||||||||||||
- | - | - | - | - | - | - | - | - | 568 | 27 | 26 | 89 |
Net cash provided by financing activities | ||||||||||||
- | - | - | - | - | - | - | - | - | 301,708 | -27 | -7 | 75 |
Net increase in cash | ||||||||||||
1 | -172 | -645 | -844 | 1,049 | -257 | -376 | 507 | -446 | 1,708 | -27 | 19 | 26 |
Supplemental disclosure of non-cash financing activities: | ||||||||||||
Cash paid for income taxes | ||||||||||||
- | 200 | 385 | 547 | 265 | - | - | - | - | - | - | - | - |
Change in value of common stock subject to possible redemption | ||||||||||||
284 | -7,254 | 53 | 341 | 1,139 | - | - | - | - | - | - | - | - |
Supplemental disclosure of non-cash financing activities: Deferred offering costs included in note payable to Sponsor | ||||||||||||
- | - | - | - | - | - | - | - | - | - | -65 | -107 | 222 |