| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 |
|---|---|---|---|---|---|---|---|---|
Cash Flows from operating activities: | ||||||||
Net (loss) income | ||||||||
1,796 | 2,730 | 4,598 | 3,622 | 2,723 | 1,913 | 0 | 0 | 0 |
Adjustments to reconcile net (loss) income to net cash used in operating activities: | ||||||||
Investment income earned on marketable securities held in Trust account | ||||||||
4,190 | 5,033 | 0 | 0 | 0 | - | - | - | - |
Deferred income taxes | ||||||||
-201 | -1 | 0 | 0 | 0 | - | - | - | - |
Change in operating assets and liabilities: | ||||||||
Decrease in prepaid expenses | ||||||||
-62 | -62 | 0 | 0 | 0 | - | - | - | - |
Decrease in accounts payable and accrued liabilities | ||||||||
0 | 48 | 43 | 150 | 218 | 276 | 0 | 0 | 0 |
Increase in accrued income tax payable | ||||||||
-65 | -164 | 0 | 0 | 0 | - | - | - | - |
Net cash used in operating activities | ||||||||
-2,598 | -2,357 | 0 | 0 | 0 | - | - | - | - |
Cash flows from investing activities: | ||||||||
Purchases of investments held in Trust account | ||||||||
- | 947,314 | 0 | 0 | 0 | - | - | - | - |
Maturities of marketable securities held in Trust account | ||||||||
952,098 | 949,218 | 0 | 0 | 0 | - | - | - | - |
Net cash provided by (used in) investing activities | ||||||||
240,821 | 1,903 | 0 | 0 | 0 | - | - | - | - |
Cash Flows from financing activities: | ||||||||
Proceeds from issuance of common stock, net of offering costs | ||||||||
- | - | - | - | - | 233,680 | 0 | 0 | 0 |
Proceeds from note payable | ||||||||
0 | - | - | - | - | 120 | 0 | 0 | 0 |
Deferred offering cost | ||||||||
- | - | - | - | - | - | 0 | 0 | 0 |
Net cash provided by financing activities | ||||||||
0 | - | - | - | 233,655 | 233,680 | 0 | 0 | 0 |
Net change in cash and cash and equivalents held in Trust account | ||||||||
238,645 | -454 | -372 | -568 | 857 | 1,216 | 0 | 0 | 0 |
Offering costs included in accounts payable | ||||||||
- | - | - | - | - | - | - | 0 | 0 |