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Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2020
Dec. 31, 2019
Dec. 31, 2018
Current assets –      
Cash $ 375,000 $ 568,000 $ 1,180,000
Prepaid expenses and other assets 84,000 26,000 53,000
Total current assets 459,000 594,000 1,233,000
Cash and investments held in Trust Account 63,804,000 302,529,000 304,035,000
Total assets 64,263,000 303,123,000 305,268,000
Current liabilities –      
Accounts payable 1,021,000 358,000 17,000
Accrued expenses 3,381,000 1,859,000 365,000
Accrued franchise and income taxes 8,000 225,000
Due to related party 5,575,000 1,958,000
Total current liabilities 9,977,000 4,183,000 607,000
Other liabilities –      
Deferred underwriting compensation 6,000,000 10,500,000 10,500,000
Total liabilities 15,977,000 14,683,000 11,107,000
Common stock subject to possible redemption; 4,328,690 and 28,344,013 shares, respectively, at September 30, 2020 and December 31, 2019 (at approximately $10.00 per share) 43,286,000 283,440,000 289,161,000
Commitments and contingencies
Stockholders’ equity:      
Preferred stock, $0.0001 par value; 1,000,000 shares authorized, none issued or outstanding
Class A Common stock, $0.0001 par value, 100,000,000 authorized shares, 30,000,000 shares issued, (23,877,301 shares of which have been redeemed) at September 30, 2020 and December 31, 2019, 1,794,009 and 961,167 shares, outstanding (excluding 4,328,690 and 28,344,013 shares, respectively, subject to possible redemption at September 30, 2020 and December 31, 2019)
Class F Common stock, $0.0001 par value, 10,000,000 authorized shares, 7,500,000 shares issued and outstanding 1,000 1,000 1,000
Additional paid-in-capital 3,077,000 847,000 2,234,000
Retained earnings 1,922,000 4,152,000 2,765,000
Total stockholders’ equity 5,000,000 5,000,000 5,000,000
Total liabilities and stockholders’ equity $ 64,263,000 $ 303,123,000 $ 305,268,000