| Dec'19 | Dec'18 | |||||
|---|---|---|---|---|---|---|
Cash Flows from Operating Activities: | ||||||
Net (loss) income | ||||||
2,610 | 1,679 | |||||
Adjustments to reconcile net (loss) income to net cash used in operating activities: | ||||||
Interest earned on marketable securities held in Trust Account | ||||||
4,379 | 2,836 | |||||
Changes in operating assets and liabilities: | ||||||
Prepaid income taxes | ||||||
95 | 0 | |||||
Prepaid expenses | ||||||
-48 | 52 | |||||
Accounts payable and accrued expenses | ||||||
133 | 200 | |||||
Income taxes payable | ||||||
-555 | 555 | |||||
Net cash used in operating activities | ||||||
-2,238 | -452 | |||||
Cash Flows from Investing Activities: | ||||||
Cash withdrawn from Trust Account to pay franchise and income taxes | ||||||
1,910 | 0 | |||||
Investment of cash in Trust Account | ||||||
0 | 210,080 | |||||
Net cash provided by investing activities | ||||||
1,910 | -210,080 | |||||
Cash Flows from Financing Activities: | ||||||
Proceeds from sale of Units, net of underwriting fees paid | ||||||
0 | 203,840 | |||||
Proceeds from sale of Private Placement Warrants | ||||||
0 | 7,740 | |||||
Repayment of promissory note - related party | ||||||
0 | 242 | |||||
Payment of offering costs | ||||||
0 | 293 | |||||
Net cash used in financing activities | ||||||
0 | 211,043 | |||||
Net Change in Cash | ||||||
-327 | 511 | |||||
Supplementary cash flow information: | ||||||
Cash paid for income taxes | ||||||
1,550 | 0 | |||||
Non-Cash investing and financing activities: | ||||||
Initial classification of common stock subject to possible redemption | ||||||
0 | 198,787 | |||||
Change in value of common stock subject to possible redemption | ||||||
2,610 | 1,680 | |||||
Deferred underwriting fees charged to additional paid in capital | ||||||
0 | 7,280 | |||||
Payment of deferred offering costs and expenses by Sponsor | ||||||
0 | 240 | |||||