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Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2020
Dec. 31, 2019
Current Assets    
Cash $ 86,134 $ 1,287,406
Prepaid expenses 31,982 3,611
Prepaid income taxes 393,313  
Total Current Assets 511,429 1,291,017
Marketable securities held in Trust Account 207,402,252 205,314,566
TOTAL ASSETS 207,913,681 206,605,583
Current Liabilities    
Accounts payable and accrued expenses 1,245,640 499,625
Income taxes payable   631,180
Total Current Liabilities 1,245,640 1,130,805
Promissory note – related party 1,799,587  
Deferred tax liability   4,571
Deferred underwriting fees 7,000,000 7,000,000
Total Liabilities 10,045,227 8,135,376
Commitments
Class A Common stock subject to possible redemption, 18,560,820 and 18,913,021 shares at redemption value as of June 30, 2020 and December 31, 2019, respectively 192,868,450 193,470,198
Stockholders’ Equity    
Preferred stock, $0.0001 par value; 1,000,000 authorized; none issued and outstanding Class A Common stock, $0.0001 par value; 100,000,000 shares authorized; 2,089,591 and 1,741,979 shares issued and outstanding (excluding 18,560,820 and 18,913,021 shares subject to possible redemption) as of June 30, 2020 and December 31, 2019, respectively 209 174
Class B Common stock, $0.0001 par value; 10,000,000 shares authorized; 5,000,000 shares issued and outstanding as of June 30, 2020 and December 31, 2019 500 500
Additional paid-in capital 2,126,552 1,572,014
Retained earnings 2,872,743 3,427,321
Total Stockholders’ Equity 5,000,004 5,000,009
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 207,913,681 $ 206,605,583