| 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 | ||||||||||||
0 | - | - | - | 0 | - | - | - | - | - | - | - | - |
Net income | ||||||||||||
- | - | - | - | - | - | - | 1,528 | 720 | 119 | 0 | 0 | 0 |
Costs paid directly to vendors by Sponsor | ||||||||||||
- | - | - | - | - | - | - | - | - | 6 | 0 | 0 | 0 |
Adjustments to reconcile net income to net cash used in operating activities: | ||||||||||||
Interest income earned on Trust Account | ||||||||||||
-5,657 | -6,482 | -6,835 | -6,770 | -6,244 | -5,559 | -4,281 | -2,758 | -1,479 | -403 | 0 | 0 | 0 |
Changes in operating assets and liabilities: | ||||||||||||
Increase in accounts payable and accrued expenses | ||||||||||||
554 | 341 | 1,172 | 697 | 8 | -169 | 0 | 0 | 0 | - | 0 | 0 | 0 |
Increase in accrued franchise and income taxes | ||||||||||||
251 | 217 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Increase in accrued taxes | ||||||||||||
- | - | - | - | - | - | - | - | 0 | - | - | - | - |
Increase in prepaid expenses, rounding and other | ||||||||||||
-9 | -27 | 14 | -46 | -85 | -83 | 0 | 0 | 0 | - | - | - | - |
Decrease in accrued taxes | ||||||||||||
- | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 |
Decrease in prepaid expenses | ||||||||||||
- | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 |
Net cash used in operating activities | ||||||||||||
-3,319 | -3,450 | -3,532 | -2,838 | -2,449 | -2,499 | -1,742 | -1,366 | -448 | -23 | 0 | 0 | 0 |
Cash flows from investing activities - | ||||||||||||
Deposit a portion of related party loans in Trust Account | ||||||||||||
0 | - | - | - | - | - | - | - | - | - | - | - | - |
Withdrawal from Trust Account for taxes and working capital | ||||||||||||
0 | - | - | - | 0 | - | - | - | - | - | - | - | - |
Net cash provided by investing activities | ||||||||||||
0 | - | - | - | 0 | - | - | - | - | - | - | - | - |
Cash flows from financing activities – | ||||||||||||
Cash flows from financing activities – Proceeds from related party loans | ||||||||||||
0 | - | - | - | - | - | - | - | - | - | - | - | - |
Proceeds from sale of note payable to Sponsor | ||||||||||||
- | - | - | - | - | - | - | - | - | 283 | 0 | 0 | 0 |
Payment of offering costs | ||||||||||||
- | - | - | - | - | - | - | - | - | 710 | 0 | 0 | 0 |
Net cash provided by financing activities | ||||||||||||
- | - | - | - | - | - | - | - | - | 301,749 | 0 | 0 | 0 |
Net increase in cash | ||||||||||||
-1,660 | -612 | -697 | -428 | 923 | -572 | 1,393 | 1,742 | 1,254 | 1,726 | 0 | 0 | 0 |
Supplemental disclosure of non-cash financing activities: | ||||||||||||
Cash paid for income taxes | ||||||||||||
- | 1,397 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Change in value of common stock subject to possible redemption | ||||||||||||
-6,576 | -5,721 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Supplemental disclosure of non-cash financing activities: Deferred offering costs included in note payable to Sponsor | ||||||||||||
- | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 |