XML 13 R2.htm IDEA: XBRL DOCUMENT v3.21.2
Balance Sheets - USD ($)
Dec. 31, 2020
Dec. 31, 2019
Assets    
Cash $ 1,545 $ 477,154
Prepaid assets 8,333
Total Current Assets 1,545 485,487
Cash and investments held in Trust Account 15,364,991 119,045,327
Total Assets 15,366,536 119,530,814
Liabilities and Shareholders’ Equity    
Accounts payable and accrued expenses 181,293 13,699
Due to related parties 402,106
Promissory notes 2,010,148 1,648,800
Promissory notes - related party 1,080,000 300,000
Total Current Liabilities 3,673,547 1,962,499
Warrants liabilities 522,579 533,319
Deferred underwriting compensation 4,020,797 4,020,797
Total Liabilities 8,216,923 6,516,615
Commitments and Contingencies
Ordinary shares subject to possible redemption, 197,756 and 10,426,080 shares at December 31, 2020 and 2019 (at conversion value of $10.87 and $10.36 per share), respectively 2,149,607 108,014,189
Shareholders’ Equity:    
Preference shares, no par value, 1,000,000 shares authorized, none issued and outstanding
Ordinary shares, no par value; 300,000,000 shares authorized; 4,417,482 and 4,263,670 shares (excluding 197,756 and 10,426,080 shares subject to possible redemption) at December 31, 2020 and 2019, respectively 2,410,382 2,435,688
Retained earnings 2,589,624 2,564,322
Total Shareholders’ Equity 5,000,006 5,000,010
Total Liabilities and Shareholders’ Equity $ 15,366,536 $ 119,530,814