| Feb'20 | Nov'19 | Aug'19 | May'19 | Feb'19 | Nov'18 | Aug'18 | May'18 |
|---|---|---|---|---|---|---|---|
Cash Flows from Operating Activities: | |||||||
Net income (loss) | |||||||
- | - | - | 338,426 | - | - | - | -13,341 |
Adjustments to reconcile net income to net cash used in operating activities: | |||||||
Interest earned on marketable securities held in Trust Account | |||||||
249,747 | 323,704 | 351,738 | 398,746 | 352,168 | 353,261 | 24,070 | 0 |
Unrealized (gain) loss on marketable securities held in Trust Account | |||||||
12,075 | -20,874 | 16,692 | 10,815 | 12,368 | -10,892 | -4,055 | 0 |
Changes in operating assets and liabilities: | |||||||
Prepaid expenses and other current assets | |||||||
53,928 | -22,917 | -25,419 | -27,138 | 30,583 | -17,653 | 78,200 | 0 |
Accounts payable and accrued expenses | |||||||
199,551 | 66,176 | 6,242 | 4,634 | 647 | 20,883 | -23,480 | 25,000 |
Net cash used in operating activities | |||||||
-247,850 | -76,929 | -62,449 | -39,363 | -87,910 | -40,610 | -104,008 | 11,659 |
Cash Flows from Financing Activities: | |||||||
Advances from related party | |||||||
- | 0 | 0 | 0 | - | 0 | 307,391 | 56,045 |
Payment of offering costs | |||||||
- | 0 | 0 | 0 | 0 | 0 | 353,383 | 37,704 |
Net cash (used in) provided by financing activities | |||||||
-5,518,796 | 0 | 0 | 0 | 0 | 0 | 65,030,577 | 18,341 |
Net Change in Cash | |||||||
- | - | - | -39,363 | - | - | - | 30,000 |
Non-Cash investing and financing activities: | |||||||
Change in value of ordinary shares subject to possible redemption | |||||||
-131,652 | 136,807 | 274,324 | 338,425 | 306,562 | 263,224 | 18,490 | 0 |
Deferred offering costs included in accrued offering costs | |||||||
- | - | - | 0 | - | - | - | 4,000 |