Pensare acquisition corp (WRLS)
CashFlow / Yearly
Mar'19Mar'18Mar'17
Cash Flows from Operating Activities:
Net (loss) income

989

-2,520

-59

Adjustments to reconcile net (loss) income to net cash used in operating activities:
Interest earned on marketable securities held in Trust Account

5,281

1,603

0

Depreciation

3

1

0

Deferred income taxes

-216

-

-

Changes in operating assets and liabilities:
Prepaid expenses

-65

76

0

Other current assets

-20

32

0

Taxes payable

-18

81

0

Accounts payable and accrued expenses

2,395

2,816

2

Net cash used in operating activities

-2,041

-1,332

-56

Cash Flows from Investing Activities:
Withdrawal from Trust Account for taxes

336

-

-

Investment of cash in Trust Account

1,864

310,500

-

Withdrawal from Trust Account for redemption of common stock

28,458

-

-

Investment of cash in Trust Account

-

-

0

Acquisition of fixed assets

-

18

0

Net cash provided by investing activities

26,930

-310,518

0

Cash Flows from Financing Activities:
Proceed from issuance of common stock to initial shareholders

-

24

0

Proceeds from sale of Units, net of underwriting discounts paid

-

302,737

0

Proceeds from sale of Placement Units

-

10,512

-

Proceeds from UPO Sale

-

0

-

Proceeds from sale of Placement Units

-

-

0

Proceeds from UPO Sale

-

0

0

Payment of offering costs

-

683

200

Shareholder redemptions

28,458

-

-

Proceeds from promissory notes-related parties

3,222

277

265

Repayment of promissory notes - related parties

-

543

0

Net cash (used in) provided by financing activities

-25,236

312,325

65

Net Change in Cash

-347

474

8

Supplemental Information
Interest paid

-

-

0

Income taxes paid

31

102

0

Non - Cash investing and financing activities:
Offering costs charged to additional paid-in capital

-

883

0

Initial classification of common stock subject to possible redemption

-

307,221

0

Change in value of common stock subject to possible redemption

874

-2,409

0