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Condensed Balance Sheets (Unaudited) - USD ($)
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash $ 328,905 $ 429,447
Prepayments 28,527 47,542
Total Current Assets 357,432 476,989
Cash and investments held in trust account 48,934,389 48,300,233
TOTAL ASSETS 49,291,821 48,777,222
Current liabilities:    
Accrued liabilities 148,570 107,358
Promissory note payable to related party 1,380,000 920,000
Amount due to a related party 437,962 389,645
Total Current Liabilities 1,966,532 1,417,003
Deferred underwriting compensation 1,840,000 1,840,000
TOTAL LIABILITIES 3,806,532 3,257,003
Commitments and contingencies
Ordinary shares, subject to conversion: 3,805,756 and 3,859,050 shares (at conversion value of $10.64 and $10.50 per share) as of March 31, 2020 and December 31, 2019, respectively 40,485,288 40,520,218
Shareholders' Equity:    
Preferred shares, $0.0001 par value; 2,000,000 shares authorized; no share issued 0 0
Ordinary shares, $0.0001 par value; 100,000,000 shares authorized; 2,159,244 and 2,105,950 shares issued and outstanding (excluding 3,805,756 and 3,859,050 shares subject to conversion), respectively 216 211
Additional paid-in capital 4,569,031 4,534,106
Accumulated other comprehensive income 156,954 179,939
Retained earnings 273,800 285,745
Total Shareholders' Equity 5,000,001 5,000,001
TOTAL LIABILITIES AND SHAREHOLDERS'EQUITY $ 49,291,821 $ 48,777,222