| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | ||
|---|---|---|---|---|---|---|
Cash Flows from Operating Activities: | ||||||
Net income | ||||||
330,327 | 301,679 | 459,977 | 531,941 | 518,675 | ||
Adjustments to reconcile net income to net cash used in operating activities: | ||||||
Interest earned on marketable securities held in Trust Account | ||||||
-490,482 | -631,635 | -732,727 | -792,709 | -783,708 | ||
Unrealized gain on marketable securities held in Trust Account | ||||||
84,500 | -23,658 | -15,376 | 24,107 | 20,808 | ||
Deferred tax provision | ||||||
16,510 | - | - | - | - | ||
Changes in operating assets and liabilities: | ||||||
Prepaid expenses and other current assets | ||||||
26,265 | -29,861 | -29,861 | -29,686 | 25,666 | ||
Prepaid income taxes | ||||||
-46,518 | - | - | - | - | ||
Accounts payable and accrued expenses | ||||||
58,333 | 110,862 | 16,296 | 15,965 | -60,694 | ||
Income taxes payable | ||||||
24,780 | -393,166 | 125,502 | 137,500 | 123,288 | ||
Net cash used in operating activities | ||||||
-124,779 | -610,227 | -88,944 | -92,292 | -248,913 | ||
Cash Flows from Investing Activities: | ||||||
Interest income released from Trust Account for the payment of franchise and income taxes | ||||||
- | 525,000 | 23,027 | 44,712 | 122,792 | ||
Net cash provided by investing activities | ||||||
- | 525,000 | 23,027 | 44,712 | 122,792 | ||
Cash Flows from Financing Activities: | ||||||
Net Change in Cash | ||||||
-124,779 | -85,227 | -65,917 | -47,580 | -126,121 | ||
Supplementary cash flow information: | ||||||
Cash paid for income taxes | ||||||
- | 525,000 | 0 | 0 | 9,081 | ||
Non-Cash investing and financing activities: | ||||||
Change in value of common stock subject to possible redemption | ||||||
330,324 | 301,685 | 459,968 | 531,941 | 518,682 | ||