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Note 10 - Quarterly Financial Information (Unaudited)
12 Months Ended
Dec. 31, 2019
Notes to Financial Statements  
Quarterly Financial Information [Text Block]
Pure Acquisition Corp.

Quarterly Financial Information (Unaudited)
 
   
2019 by Quarter
 
   
First
   
Second
   
Third
   
Fourth
 
Net revenues
  $
-
    $
-
    $
-
    $
-
 
Operating expenses
   
189,131
     
101,885
     
221,658
     
2,711,240
 
Loss from operations
   
(189,131
)    
(101,885
)    
(221,658
)    
(2,711,240
)
Other income - investment income on Trust Account
   
2,434,969
     
2,592,502
     
2,178,777
     
1,532,912
 
Income tax provision
   
500,833
     
536,681
     
370,572
     
321,986
 
Net income (loss) attributable to common shares
   
1,745,005
     
1,953,936
     
1,586,547
     
(1,500,314
)
Net income (loss) per share:
                               
Basic and diluted income (loss) per common share, Class A
  $
0.04
    $
0.05
    $
0.04
    $
0.03
 
Basic and diluted income (loss) per common share, Class B
  $
(0.01
)   $
(0.01
)   $
(0.01
)   $
(0.25
)
 
   
2018 by Quarter
 
   
First
   
Second
   
Third
   
Fourth
 
Net revenues
  $
-
    $
-
    $
-
    $
-
 
Operating expenses
   
450
     
133,311
     
81,332
     
104,489
 
Loss from operations
   
(450
)    
(133,311
)    
(81,332
)    
(104,489
)
Other income - investment income on Trust Account
   
-
     
1,484,040
     
1,961,856
     
2,331,871
 
Income tax provision
   
-
     
284,000
     
394,468
     
504,446
 
Net income (loss) attributable to common shares
   
(450
)    
1,066,729
     
1,486,056
     
1,722,936
 
Net income (loss) per share:
                               
Basic and diluted income (loss) per common share, Class A
  $
-
    $
0.03
    $
0.04
    $
0.04
 
Basic and diluted income (loss) per common share, Class B
  $
(0.00
)   $
(0.00
)   $
(0.00
)   $
(0.00
)
 
   
2017 by Quarter
 
   
First
   
Second
   
Third
   
Fourth
 
Net revenues
  $
-
    $
-
    $
-
    $
-
 
Operating expenses
   
-
     
-
     
-
     
5,881
 
Loss from operations
   
-
     
-
     
-
     
(5,881
)
Other income - investment income on Trust Account
   
-
     
-
     
-
     
-
 
Income tax provision
   
-
     
-
     
-
     
-
 
Net income (loss) attributable to common shares
   
-
     
-
     
-
     
(5,881
)
Net income (loss) per share:
                               
Basic and diluted income (loss) per common share, Class A
  $
-
    $
-
    $
-
    $
-
 
Basic and diluted income (loss) per common share, Class B
  $
-
    $
-
    $
-
    $
(0.00
)