| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 |
|---|---|---|---|---|---|---|
ASSETS | ||||||
Current assets: | ||||||
Cash and cash equivalents | ||||||
9,961 | 6,919 | 47 | 141 | 126 | 406 | 651 |
Accounts receivable, net | ||||||
55,003 | 51,061 | - | - | - | - | - |
Prepayment and other current assets | ||||||
2,554 | 2,499 | - | - | - | - | - |
Prepaid expenses | ||||||
- | - | 75 | 112 | 151 | 119 | 45 |
Total current assets | ||||||
67,518 | 60,479 | 122 | 253 | 278 | 526 | 696 |
Property and equipment, net | ||||||
269 | 331 | - | - | - | - | - |
Intangible assets, net | ||||||
14,051 | 14,683 | - | - | - | - | - |
Deferred tax assets | ||||||
596 | 533 | - | - | - | - | - |
Unamortized produced content, net | ||||||
1,342 | 1,657 | - | - | - | - | - |
Right-of-use assets | ||||||
1,907 | 2,027 | - | - | - | - | - |
Total non-current assets | ||||||
18,165 | 19,231 | - | - | - | - | - |
Marketable securities held in Trust Account | ||||||
- | - | 256,286 | 255,043 | 253,403 | 251,886 | 250,435 |
TOTAL ASSETS | ||||||
85,683 | 79,710 | 256,409 | 255,296 | 253,681 | 252,412 | 251,131 |
Liabilities and Equity | ||||||
Current liabilities: | ||||||
Short-term bank loans | ||||||
3,672 | 718 | - | - | - | - | - |
Accounts payable | ||||||
5,095 | 4,546 | 203 | 143 | 35 | 23 | 20 |
Advances from customers | ||||||
498 | 610 | - | - | - | - | - |
Accrued liabilities and other payables | ||||||
5,569 | 6,134 | - | - | - | - | - |
Other taxes payable | ||||||
2,148 | 1,890 | - | - | - | - | - |
Operating lease liabilities -current | ||||||
333 | 313 | - | - | - | - | - |
Due to related parties | ||||||
1,999 | 1,525 | - | 350 | - | - | - |
Convertible promissory note - related party | ||||||
1,400 | - | 850 | - | - | - | - |
Total current liabilities | ||||||
20,714 | 15,736 | 203 | 493 | 35 | 23 | 20 |
Long-term bank loan | ||||||
1,271 | - | - | - | - | - | - |
Operating lease liabilities - non-current | ||||||
1,488 | 1,718 | - | - | - | - | - |
Total non-current liabilities | ||||||
2,759 | 1,718 | - | - | - | - | - |
TOTAL LIABILITIES | ||||||
23,473 | 17,454 | 1,053 | - | - | 23 | - |
Commitments and contingences | ||||||
- | - | - | - | - | - | 0 |
Ordinary shares subject to possible redemption, 24,335,130 and 24,553,676 shares at redemption value at December 31, 2019 and 2018, respectively | ||||||
- | - | 250,355 | 249,802 | 248,646 | 247,389 | 246,111 |
Shareholders' equity | ||||||
Preferred shares (par value of $0.0001 per share; 2,000,000 authorized; none issued and outstanding) | ||||||
- | - | - | - | - | - | 0 |
Ordinary shares (par value of $0.0001 per share; 200,000,000 shares authorized as of December 31, 2019 and March 31, 2020; 41,204,025 and 50,898,866 shares issued and outstanding as of December 31, 2019 and March 31, 2020, respectively) | ||||||
5 | 4 | 0 | 0 | 0 | 0 | 0 |
Additional paid-in capital | ||||||
11,573 | 13,375 | 424 | 976 | 2,133 | 3,390 | 4,667 |
Statutory reserve | ||||||
431 | 431 | - | - | - | - | - |
Retained earnings | ||||||
52,448 | 49,547 | 4,575 | 4,022 | 2,865 | 1,609 | 331 |
Accumulated other comprehensive loss | ||||||
-2,655 | -1,576 | - | - | - | - | - |
TOTAL GLORY STAR NEW MEDIA GROUP HOLDINGS LIMITED SHAREHOLDERS’ EQUITY | ||||||
61,802 | 61,781 | - | - | - | - | - |
Non-controlling interest | ||||||
408 | 475 | - | - | - | - | - |
TOTAL EQUITY | ||||||
62,210 | 62,256 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 |
TOTAL LIABILITIES AND EQUITY | ||||||
85,683 | 79,710 | 256,409 | 255,296 | 253,681 | 252,412 | 251,131 |