| Dec'18 | Dec'17 | |||||
|---|---|---|---|---|---|---|
Cash Flows From Operating Activities: | ||||||
Net income | ||||||
4,048 | 1,554 | |||||
Adjustments to reconcile net income to net cash used in operating activities: | ||||||
Investment income earned on marketable securities held in Trust Account | ||||||
9,775 | 3,400 | |||||
Changes in operating assets and liabilities: | ||||||
Prepaid expenses | ||||||
-152 | 175 | |||||
Accounts payable and accrued expenses | ||||||
1,585 | 162 | |||||
Accrued income and franchise taxes | ||||||
204 | - | |||||
Net Cash Used In Operating Activities | ||||||
-3,785 | -1,859 | |||||
Cash Flows From Investing Activities: | ||||||
Cash deposited into Trust Account | ||||||
- | 552,000 | |||||
Investment income released from Trust Account to pay taxes | ||||||
-1,903 | -1,010 | |||||
Net Cash Provided By (Used In) Investing Activities | ||||||
1,903 | -550,990 | |||||
Cash Flows From Financing Activities: | ||||||
Proceeds from issuance of Class A common stock | ||||||
- | 552,000 | |||||
Proceeds from sale of Private Placement Warrants | ||||||
- | 13,040 | |||||
Payment of underwriter discounts and commissions | ||||||
- | 11,040 | |||||
Payment of offering costs | ||||||
- | 311 | |||||
Payment to related parties for operating costs paid on behalf of the Company | ||||||
- | 487 | |||||
Proceeds from issuance of Class B common stock to Sponsor | ||||||
- | 25 | |||||
Proceeds from Sponsor note and advances | ||||||
1,472 | 207 | |||||
Payment of Sponsor note and advances | ||||||
- | 207 | |||||
Due to related parties | ||||||
-59 | - | |||||
Net Cash Provided By Financing Activities | ||||||
1,531 | 553,226 | |||||
Net increase (decrease) in cash | ||||||
-350 | 376 | |||||
Supplemental disclosures of cash flow information: | ||||||
Income taxes paid | ||||||
1,638 | 1,010 | |||||
Supplemental disclosure of non-cash financing activities: | ||||||
Payment to related parties for general and administrative expenses paid on behalf of the Company | ||||||
914 | 281 | |||||
Deferred underwriters' discounts and 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 | ||||||
4,048 | 530,460 | |||||