| Dec'19 | Dec'18 | |||||
|---|---|---|---|---|---|---|
Cash Flows From Operating Activities: | ||||||
Net Income | ||||||
8,809 | 2,653 | |||||
Adjustments to reconcile net income to net cash used in operating activities: | ||||||
Investment income earned on investment held in Trust Account | ||||||
-12,654 | -4,375 | |||||
Changes in operating assets and liabilities: | ||||||
Prepaid expenses | ||||||
25 | 248 | |||||
Accounts payable and accrued expenses | ||||||
93 | 18 | |||||
Advances from related party | ||||||
-204 | 204 | |||||
Accrued income and franchise taxes | ||||||
-198 | 398 | |||||
Net Cash Used In Operating Activities | ||||||
-4,180 | -1,349 | |||||
Cash Flows From Investing Activities: | ||||||
Cash deposited into Trust Account | ||||||
- | 552,000 | |||||
Investment income released from Trust Account to pay taxes | ||||||
3,197 | 680 | |||||
Net Cash Provided By (Used In) Investing Activities | ||||||
3,197 | -551,320 | |||||
Cash Flows From Financing Activities: | ||||||
Proceeds from sale of Units in Public Offering | ||||||
- | 552,000 | |||||
Proceeds from sale of Private Placement Warrants | ||||||
- | 14,040 | |||||
Payment of underwriter compensation | ||||||
- | 11,040 | |||||
Payment of offering costs | ||||||
- | 824 | |||||
Net Cash Provided By Financing Activities | ||||||
- | 554,175 | |||||
Net change in cash and cash equivalent | ||||||
-982 | 1,506 | |||||
Supplemental disclosures of cash flow information: | ||||||
Cash paid for income taxes | ||||||
2,997 | - | |||||
Supplemental disclosure of non-cash financing activities: | ||||||
Deferred underwriters' commissions charged to additional paid-in capital in connection with the Public Offering | ||||||
- | 19,320 | |||||
Change in value of Class A common stock subject to possible redemption | ||||||
8,809 | 532,530 | |||||