| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | ||
|---|---|---|---|---|---|---|
Cash Flows from Operating Activities: | ||||||
Net income | ||||||
4,849 | 3,367 | 0 | 0 | 0 | ||
Adjustments to reconcile net income to net cash used in operating activities: | ||||||
Interest earned on marketable securities held in Trust Account | ||||||
5,529 | 4,912 | 0 | 0 | 0 | ||
Unrealized gains on marketable securities held in Trust Account | ||||||
1,547 | 128 | 0 | 0 | 0 | ||
Deferred tax provision | ||||||
298 | 27 | 0 | 0 | 0 | ||
Changes in operating assets and liabilities: | ||||||
Prepaid expenses and other current assets | ||||||
192 | 186 | 0 | 0 | 0 | ||
Prepaid income taxes | ||||||
0 | - | - | - | - | ||
Accounts payable and accrued expenses | ||||||
48 | 268 | 0 | 0 | 0 | ||
Income taxes payable | ||||||
0 | - | - | 0 | 0 | ||
Due to affiliate | ||||||
0 | - | - | - | - | ||
Net cash used in operating activities | ||||||
-1,716 | -1,634 | 0 | 0 | 0 | ||
Cash Flows from Investing Activities: | ||||||
Investment of cash in Trust Account | ||||||
- | 276,000 | 0 | 0 | 0 | ||
Cash withdrawn from Trust Account to pay income taxes | ||||||
0 | - | - | - | - | ||
Net cash provided by (used in) investing activities | ||||||
1,103 | -275,062 | 0 | 0 | 0 | ||
Cash Flows from Financing Activities: | ||||||
Proceeds from sale of Units, net of underwriting discounts paid | ||||||
- | 270,480 | 0 | 0 | 0 | ||
Proceeds from sale of Private Units | ||||||
- | 6,870 | 0 | 0 | 0 | ||
Due to related party | ||||||
- | 86 | 0 | 0 | 0 | ||
Repayment of advances from related party | ||||||
- | 86 | 0 | 0 | 0 | ||
Proceeds from promissory note - related party | ||||||
- | 15 | 0 | 0 | 0 | ||
Repayment of promissory note - related party | ||||||
- | 90 | 0 | 0 | 0 | ||
Payment of offering costs | ||||||
- | 455 | 0 | 0 | 0 | ||
Net cash provided by financing activities | ||||||
- | 276,819 | 0 | 0 | 0 | ||
Net Change in Cash | ||||||
-613 | 122 | 0 | 0 | 0 | ||
Non-cash investing and financing activities: | ||||||
Initial classification of common stock subject to possible redemption | ||||||
- | 271,835 | 0 | 0 | 0 | ||
Change in value of common stock subject to possible redemption | ||||||
4,849 | 3,367 | 0 | 0 | 0 | ||