XML 33 R2.htm IDEA: XBRL DOCUMENT v3.20.1
Consolidated Balance Sheets - USD ($)
Dec. 31, 2019
Dec. 31, 2018
Current Assets    
Cash $ 55,461 $ 1,255,817
Prepaid expenses 102,917 63,843
Total Current Assets 158,378 1,319,660
Marketable securities held in Trust Account 74,376,617 207,753,062
Security deposit 1,200 1,200
TOTAL ASSETS 74,536,195 209,073,922
Current Liabilities    
Account payable and accrued expenses 159,377 159,512
Income taxes payable 679,431 373,794
Promissory note - related party 180,000 425,000
Total Current Liabilities 1,018,808 958,306
Deferred tax liability 851
Deferred underwriting fee payable 5,031,250 5,031,250
Total Liabilities 6,050,058 5,990,407
Commitments
Common stock subject to possible redemption, 6,076,290 and 19,235,623 shares at redemption value as of December 31, 2019 and 2018, respectively 63,486,129 198,083,507
Stockholders' Equity    
Preferred stock, $0.001 par value; 1,000,000 shares authorized; none issued and outstanding
Common stock, $0.001 par value; 100,000,000 shares authorized; 7,148,526 and 7,070,627 issued and outstanding (excluding 6,076,290 and 19,235,623 shares subject to possible redemption) as of December 31, 2019 and 2018, respectively 7,149 7,071
Additional paid-in capital 1,058,028 3,591,212
Retained earnings 3,934,831 1,401,725
Total Stockholders' Equity 5,000,008 5,000,008
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 74,536,195 $ 209,073,922