Quarterly Financial Data (Unaudited) (Restated)

12 Months Ended

Dec. 31, 2020

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Data (Unaudited) (Restated)

Note 14 — Quarterly Financial Data (Unaudited) (As Restated, See Note 2 – Amendment 2)

In lieu of filing amended Quarterly Report on Form 10-Q for the periods ended March 31, 2019, June 30, 2019, September 30, 2019, March 31, 2020, June 30, 2020, and September 30, 2020, the following tables represent the Company’s restated financial statements (unaudited) for each of the restated periods.

	As Previously					As
	Reported		Adjustments			Restated
Assets
Cash	$	296,759	$	-		$	296,759
Prepaid assets		7,415		-			7,415
Total Current Assets		304,174		-			304,174
							-
Cash and investments held in Trust Account		116,012,861		-			116,012,861
Total Assets	$	116,317,035	$	-		$	116,317,035
Liabilities, Temporary Equity, and Shareholders’ Equity (Deficit)
Accounts payable and accrued expenses	$	4,069	$	-		$	4,069
Promissory note - related party		300,000		-			300,000
Total Current Liabilities		304,069		-			304,069
Warrants liabilities		585,321		-			585,321
Deferred underwriting compensation		4,020,797		-			4,020,797
Total Liabilities		4,910,187		-			4,910,187
Commitments and Contingencies
Ordinary shares subject to possible redemption, 10,535,331 and 11,487,992 shares as previously reported and as restated, respectively, at conversion value of $10.10 per share		106,406,842		9,606,019			116,012,861
Shareholders’ Equity (Deficit):
Preference shares, no par value, 100,000,000 shares authorized, none issued and outstanding		-		-			-
Ordinary shares, no par value; 300,000,000 shares authorized; 4,154,419 and 3,201,758 shares (excluding 10,535,331 and 11,487,992 shares subject to possible redemption) as previously reported and as restated, respectively		4,043,035		(4,043,035	)		-
Retained earnings (accumulated deficit)		956,971		(5,562,984	)		(4,606,013	)
Total Shareholders’ Equity (Deficit)		5,000,006		(9,606,019	)		(4,606,013	)
Total Liabilities, Temporary Equity, and Shareholders’ Equity (Deficit)	$	116,317,035	$	-		$	116,317,035

	Three Months Ended March 31, 2019
	As Previously						As
	Reported			Adjustments			Restated
Operating costs	$	153,741		$	-		$	153,741
Loss from operations		(153,741	)		-			(153,741	)
Other income:
Interest income - bank		143			-			143
Interest income		688,610			-			688,610
Change in fair value of warrant liabilities		25,857			-			25,857
Total other income		714,610			-			714,610
Net income	$	560,869		$	-		$	560,869
Less: income attributable to ordinary shares subject to possible redemption		(631,524	)		631,524			-
Adjusted net loss	$	(70,655	)	$	70,655		$	-
Basic and diluted weighted average redeemable ordinary shares outstanding		-			11,487,992			11,487,992
Basic and diluted net loss per redeemable ordinary share	$	-		$	(0.01	)	$	(0.01	)
Basic and diluted weighted average non-redeemable ordinary shares outstanding		4,147,322			(945,564	)		3,201,758
Basic and diluted net loss per non-redeemable ordinary share	$	(0.02	)	$	0.01		$	(0.01	)

ALBERTON ACQUISITION CORPORATION
STATEMENT OF CASH FLOWS
THREE MONTHS ENDED MARCH 31, 2019

	As Previously						As
	Reported			Adjustments			Restated
Cash Flows from Operating Activities:
Net income	$	560,869		$	-		$	560,869
Adjustments to reconcile net income to net cash used in operating activities:
Interest earned on investment held in Trust Account		(688,610	)		-			(688,610	)
Change in fair value of warrant liabilities		(25,857	)		-			(25,857	)
Changes in current assets and current liabilities:
Prepaid assets		6,347			-			6,347
Accounts payable and accrued expense		(6,020	)		-			(6,020	)
Due to related parties		(2,379	)		-			(2,379	)
Net Cash Used in Operating Activities		(155,650	)		-			(155,650	)
Net Decrease in Cash		(155,650	)		-			(155,650	)
Cash – Beginning of the period		452,409			-			452,409
Cash – Ending of period	$	296,759		$	-		$	296,759
Supplemental Disclosure of Non-cash Financing Activities:
Change in value of ordinary shares subject to possible redemption	$	560,866		$	(560,866	)	$	-
Accretion of carrying value to redemption value	$	-		$	688,610		$	688,610

	As Previously					As
	Reported		Adjustments			Restated
Assets
Cash	$	165,890	$	-		$	165,890
Prepaid assets		1,651		-			1,651
Total Current Assets		167,541		-			167,541
							-
Cash and investments held in Trust Account		116,706,912		-			116,706,912
Total Assets	$	116,874,453	$	-		$	116,874,453
Liabilities, Temporary Equity, and Shareholders’ Equity (Deficit)
Accounts payable and accrued expenses	$	4,272	$	-		$	4,272
Promissory note - related party		300,000		-			300,000
Total Current Liabilities		304,272		-			304,272
Warrants liabilities		568,672		-			568,672
Deferred underwriting compensation		4,020,797		-			4,020,797
Total Liabilities		4,893,741		-			4,893,741
Commitments and Contingencies
Ordinary shares subject to possible redemption, 10,529,597 and 11,487,992 shares as previously reported and as restated, respectively, at conversion value of $10.16 per share		106,980,704		9,726,208			116,706,912
Shareholders’ Equity (Deficit):
Preference shares no par value, 100,000,000 shares authorized, none issued and outstanding		-		-			-
Ordinary shares, no par value; 300,000,000 shares authorized; 4,160,153 and 3,201,758 shares (excluding 10,529,597 and 11,487,992 shares subject to possible redemption) as previously reported and as restated, respectively		3,469,173		(3,469,173	)		-
Retained earnings (accumulated deficit)		1,530,835		(6,257,035	)		(4,726,200	)
Total Shareholders’ Equity (Deficit)		5,000,008		(9,726,208	)		(4,726,200	)
Total Liabilities, Temporary Equity, and Shareholders’ Equity (Deficit)	$	116,874,453	$	-		$	116,874,453

	Three Months Ended June 30, 2019									Six Months Ended June 30, 2019
	As Previously						As			As Previously						As
	Reported			Adjustments			Restated			Reported			Adjustments			Restated
Operating costs	$	137,145		$	-		$	137,145		$	290,886		$	-		$	290,886
Loss from operations		(137,145	)		-			(137,145	)		(290,886	)		-			(290,886	)
Other income:
Interest income - bank		309			-			309			452			-			452
Interest income		694,051			-			694,051			1,382,661			-			1,382,661
Change in fair value of warrant liabilities		16,649			-			16,649			42,506			-			42,506
Total other income		711,009			-			711,009			1,425,619			-			1,425,619
Net income	$	573,864		$	-		$	573,864		$	1,134,733		$	-		$	1,134,733
Less: income attributable to ordinary shares subject to possible redemption		(636,167	)		636,167			-			(1,267,347	)		1,267,347			-
Adjusted net loss	$	(62,303	)	$	62,303		$	-		$	(132,614	)	$	132,614		$	-
Basic and diluted weighted average redeemable ordinary shares outstanding		-			11,487,992			11,487,992			-			11,487,992			11,487,992
Basic and diluted net loss per redeemable ordinary share	$	-		$	(0.01	)	$	(0.01	)	$	-		$	(0.02	)	$	(0.02	)
Basic and diluted weighted average non-redeemable ordinary shares outstanding		4,154,419			(952,661	)		3,201,758			4,150,890			(949,132	)		3,201,758
Basic and diluted net loss per non-redeemable ordinary share	$	(0.01	)	$	0.00		$	(0.01	)	$	(0.03	)	$	0.01		$	(0.02	)

	As Previously						As
	Reported			Adjustments			Restated
Cash Flows from Operating Activities:
Net income	$	1,134,733		$	-		$	1,134,733
Adjustments to reconcile net income to net cash used in operating activities:								-
Interest earned on investment held in Trust Account		(1,382,661	)		-			(1,382,661	)
Change in fair value of warrant liabilities		(42,506	)		-			(42,506	)
Changes in current assets and current liabilities:
Prepaid assets		12,111			-			12,111
Accounts payable and accrued expense		(5,817	)		-			(5,817	)
Due to related parties		(2,379	)		-			(2,379	)
Net Cash Used in Operating Activities		(286,519	)		-			(286,519	)
Net Decrease in Cash		(286,519	)		-			(286,519	)
Cash – Beginning of the period		452,409			-			452,409
Cash – Ending of period	$	165,890		$	-		$	165,890
Supplemental Disclosure of Non-cash Financing Activities:
Change in value of ordinary shares subject to possible redemption	$	1,134,728		$	(1,134,728	)	$	-
Accretion of carrying value to redemption value	$	-		$	1,382,661		$	1,382,661

	As Previously					As
	Reported		Adjustments			Restated
Assets
Cash	$	1,237,095	$	-		$	1,237,095
Total Current Assets		1,237,095		-			1,237,095
							-
Cash and investments held in Trust Account		117,324,145		-			117,324,145
Total Assets	$	118,561,240	$	-		$	118,561,240
Liabilities, Temporary Equity, and Shareholders’ Equity (Deficit):
Accounts payable and accrued expenses	$	5,675	$	-		$	5,675
Promissory note		1,148,800		-			1,148,800
Promissory note - related party		300,000		-			300,000
Total Current Liabilities		1,454,475		-			1,454,475
Warrants liabilities		548,309		-			548,309
Deferred underwriting compensation		4,020,797		-			4,020,797
Total Liabilities		6,023,581		-			6,023,581
Commitments and Contingencies
Ordinary shares subject to possible redemption, 10,532,581 and 11,487,992 shares as previously reported and as restated, respectively, at conversion value of $10.21 per share		107,537,651		9,786,494			117,324,145
Shareholders’ Equity (Deficit):
Preference shares, no par value, 100,000,000 shares authorized, none issued and outstanding		-		-			-
Ordinary shares, no par value; 300,000,000 shares authorized; 4,157,169 and 3,201,758 shares (excluding 10,532,581 and 11,487,992 shares subject to possible redemption) as previously reported and as restated, respectively		2,912,226		(2,912,226	)		-
Retained earnings (accumulated deficit)		2,087,782		(6,874,268	)		(4,786,486	)
Total Shareholders’ Equity (Deficit)		5,000,008		(9,786,494	)		(4,786,486	)
Total Liabilities, Temporary Equity, and Shareholders’ Equity (Deficit)	$	118,561,240	$	-		$	118,561,240

	Three Months Ended September 30, 2019									Nine Months Ended September 30, 2019
	As Previously						As			As Previously						As
	Reported			Adjustments			Restated			Reported			Adjustments			Restated
Operating costs	$	80,795		$	-		$	80,795		$	371,681		$	-		$	371,681
Loss from operations		(80,795	)		-			(80,795	)		(371,681	)		-			(371,681	)
Other income:
Interest income - bank		146			-			146			598			-			598
Interest income		617,233			-			617,233			1,999,894			-			1,999,894
Change in fair value of warrant liabilities		20,363			-			20,363			62,869			-			62,869
Total other income		637,742			-			637,742			2,063,361			-			2,063,361
Net income	$	556,947		$	-		$	556,947		$	1,691,680		$	-		$	1,691,680
Less: income attributable to ordinary shares subject to possible redemption		(565,879	)		565,879			-			(1,833,503	)		1,833,503			-
Adjusted net loss	$	(8,932	)	$	8,932		$	-		$	(141,823	)	$	141,823		$	-
Basic and diluted weighted average redeemable ordinary shares outstanding		-			11,487,992			11,487,992			-			11,487,992			11,487,992
Basic and diluted net loss per redeemable ordinary share	$	-		$	(0.00	)	$	(0.00	)	$	-		$	(0.02	)	$	(0.02	)
Basic and diluted weighted average non-redeemable ordinary shares outstanding		4,160,153			(958,395	)		3,201,758			4,153,521			(951,763	)		3,201,758
Basic and diluted net loss per non-redeemable ordinary share	$	(0.00	)	$	(0.00	)	$	(0.00	)	$	(0.03	)	$	0.01		$	(0.02	)

ALBERTON ACQUISITION CORPORATION
STATEMENT OF CASH FLOWS
NINE MONTHS ENDED SEPTEMBER 30, 2019

	As Previously						As
	Reported			Adjustments			Restated
Cash Flows from Operating Activities:
Net income	$	1,691,680		$	-		$	1,691,680
Adjustments to reconcile net income to net cash used in operating activities:								-
Interest earned on investment held in Trust Account		(1,999,894	)		-			(1,999,894	)
Change in fair value of warrant liabilities		(62,869	)		-			(62,869	)
Changes in current assets and current liabilities:
Prepaid assets		13,762			-			13,762
Accounts payable and accrued expense		(4,414	)		-			(4,414	)
Due to related parties		(2,379	)		-			(2,379	)
Net Cash Used in Operating Activities		(364,114	)		-			(364,114	)
Cash Flows from Financing Activities:
Proceeds from promissory note		1,148,800			-			1,148,800
Net Cash Provided by Financing Activities		1,148,800			-			1,148,800
Net Increase in Cash		784,686			-			784,686
Cash – Beginning of the period		452,409			-			452,409
Cash – Ending of period	$	1,237,095		$	-		$	1,237,095
Supplemental Disclosure of Non-cash Financing Activities:
Change in value of ordinary shares subject to possible redemption	$	1,691,675		$	(1,691,675	)	$	-
Accretion of carrying value to redemption value	$	-		$	1,999,894		$	1,999,894

	As Previously					As
	Reported		Adjustments			Restated
Assets
Cash	$	11,178	$	-		$	11,178
Prepaid assets		48,625		-			48,625
Total Current Assets		59,803		-			59,803
							-
Cash and investments held in Trust Account		120,728,495		-			120,728,495
Total Assets	$	120,788,298	$	-		$	120,788,298
Liabilities, Temporary Equity, and Shareholders’ Equity (Deficit)
Accounts payable and accrued expenses	$	105,043	$	-		$	105,043
Promissory note		1,648,800		-			1,648,800
Promissory note - related party		1,080,000		-			1,080,000
Total Current Liabilities		2,833,843		-			2,833,843
Warrants liabilities		516,901		-			516,901
Deferred underwriting compensation		4,020,797		-			4,020,797
Total Liabilities		7,371,541		-			7,371,541
Commitments and Contingencies
Ordinary shares subject to possible redemption, 10,315,581 and 11,487,992 shares as previously reported and as restated, respectively, at conversion value of $10.51 per share		108,416,755		12,311,740			120,728,495
Shareholders’ Equity (Deficit):
Preference shares, no par value, 100,000,000 shares authorized, none issued and outstanding		-		-			-
Ordinary shares, no par value; 300,000,000 shares authorized; 4,324,988 and 3,201,758 shares (excluding 10,315,581 and 11,487,992 shares subject to possible redemption) as previously reported and as restated, respectively		2,033,122		(2,033,122	)		-
Retained earnings (accumulated deficit)		2,966,880		(10,278,618	)		(7,311,738	)
Total Shareholders’ Equity (Deficit)		5,000,002		(12,311,740	)		(7,311,738	)
Total Liabilities, Temporary Equity, and Shareholders’ Equity (Deficit)	$	120,788,298	$	-		$	120,788,298

	Three Months Ended March 31, 2020
	As Previously						As
	Reported			Adjustments			Restated
Operating costs	$	149,055		$	-		$	149,055
Loss from operations		(149,055	)		-			(149,055	)
Other income:
Interest income - bank		827			-			827
Interest income		534,368			-			534,368
Change in fair value of warrant liabilities		16,418			-			16,418
Total other income		551,613			-			551,613
Net income	$	402,558		$	-		$	402,558
Less: income attributable to ordinary shares subject to possible redemption		(479,809	)		479,809			-
Adjusted net loss	$	(77,251	)	$	77,251		$	-
Basic and diluted weighted average redeemable ordinary shares outstanding		-			11,487,992			11,487,992
Basic and diluted net loss per redeemable ordinary share	$	-		$	(0.09	)	$	(0.09	)
Basic and diluted weighted average non-redeemable ordinary shares outstanding		4,263,670			(1,061,912	)		3,201,758
Basic and diluted net loss per non-redeemable ordinary share	$	(0.02	)	$	(0.07	)	$	(0.09	)

ALBERTON ACQUISITION CORPORATION
STATEMENT OF CASH FLOWS
THREE MONTHS ENDED MARCH 31, 2020

	As Previously						As
	Reported			Adjustments			Restated
Cash Flows from Operating Activities:
Net income	$	402,558		$	-		$	402,558
Adjustments to reconcile net income to net cash used in operating activities:								-
Interest earned on investment held in Trust Account		(534,368	)		-			(534,368	)
Change in fair value of warrant liabilities		(16,418	)		-			(16,418	)
Changes in current assets and current liabilities:
Prepaid assets		(40,292	)		-			(40,292	)
Accounts payable and accrued expense		91,344			-			91,344
Net Cash Used in Operating Activities		(97,176	)		-			(97,176	)
Cash Flows from Investing Activities:
Purchase of investment held in Trust Account		(1,148,800	)		-			(1,148,800	)
Net Cash Used in Investing Activities		(1,148,800	)		-			(1,148,800	)
Cash Flows from Financing Activities:
Proceeds from promissory note – related party		780,000			-			780,000
Net Cash Provided by Financing Activities		780,000			-			780,000
Net Decrease in Cash		(465,976	)		-			(465,976	)
Cash – Beginning of the period		477,154			-			477,154
Cash – Ending of period	$	11,178		$	-		$	11,178
Supplemental Disclosure of Non-cash Financing Activities:
Change in value of ordinary shares subject to possible redemption	$	402,566		$	(402,566	)	$	-
Accretion of carrying value to redemption value	$	-			1,683,168		$	1,683,168

	As Previously					As
	Reported		Adjustments			Restated
Assets
Cash	$	9,289	$	-		$	9,289
Prepaid assets		36,010		-			36,010
Total Current Assets		45,299		-			45,299
							-
Cash and investments held in Trust Account		14,993,648		-			14,993,648
Total Assets	$	15,038,947	$	-		$	15,038,947
Liabilities, Temporary Equity,  and Shareholders’ Equity (Deficit)
Accounts payable and accrued expenses	$	156,574	$	-		$	156,574
Due to related party		100,005		-			100,005
Promissory note		1,748,800		-			1,748,800
Promissory note - related party		1,080,000		-			1,080,000
Total Current Liabilities		3,085,379		-			3,085,379
Warrants liabilities		510,839		-			510,839
Deferred underwriting compensation		4,020,797		-			4,020,797
Total Liabilities		7,617,015		-			7,617,015
Commitments and Contingencies
Ordinary shares subject to possible redemption, 228,484 and 1,414,480 shares as previously reported and as restated, respectively, at conversion value of $10.60 per share		2,421,929		12,571,719			14,993,648
Shareholders’ Equity (Deficit):
Preference shares, no par value, 100,000,000 shares authorized, none issued and outstanding		-		-			-
Ordinary shares, no par value; 300,000,000 shares authorized; 4,387,754 and 3,201,758 shares (excluding 228,484 and 1,414,480 shares subject to possible redemption) as previously reported and as restated, respectively		2,148,830		(2,148,830	)		-
Retained earnings (accumulated deficit)		2,851,173		(10,422,889	)		(7,571,716	)
Total Shareholders’ Equity (Deficit)		5,000,003		(12,571,719	)		(7,571,716	)
Total Liabilities, Temporary Equity,  and Shareholders’ Equity (Deficit)	$	15,038,947	$	-		$	15,038,947

	Three Months Ended June 30, 2020									Six Months Ended June 30, 2020
	As Previously						As			As Previously						As
	Reported			Adjustments			Restated			Reported			Adjustments			Restated
Operating costs	$	146,045		$	-		$	146,045		$	295,100		$	-		$	295,100
Loss from operations		(146,045	)		-			(146,045	)		(295,100	)		-			(295,100	)
Other income:
Interest income - bank		5			-			5			832			-			832
Interest income		24,271			-			24,271			558,639			-			558,639
Change in fair value of warrant liabilities		6,062			-			6,062			22,480			-			22,480
Total other income		30,338			-			30,338			581,951			-			581,951
Net (loss) income	$	(115,707	)	$	-		$	(115,707	)	$	286,851		$	-		$	286,851
Less: income attributable to ordinary shares subject to possible redemption		(3,920	)		3,920			-			(90,220	)		90,220			-
Adjusted net loss	$	(119,627	)	$	119,627		$	-		$	196,631		$	(196,631	)	$	-
Basic and diluted weighted average redeemable ordinary shares outstanding		-			3,960,532			3,960,532			-			7,724,262			7,724,262
Basic and diluted net loss per redeemable ordinary share	$	-		$	(0.04	)	$	(0.04	)	$	-		$	(0.14	)	$	(0.14	)
Basic and diluted weighted average non-redeemable ordinary shares outstanding		4,374,169			(1,172,411	)		3,201,758			4,318,920			(1,117,162	)		3,201,758
Basic and diluted net loss per non-redeemable ordinary share	$	(0.03	)	$	(0.01	)	$	(0.04	)	$	0.05		$	(0.19	)	$	(0.14	)

ALBERTON ACQUISITION CORPORATION
STATEMENT OF CASH FLOWS
SIX MONTHS ENDED JUNE 30, 2020

	As Previously						As
	Reported			Adjustments			Restated
Cash Flows from Operating Activities:
Net income	$	286,851		$	-		$	286,851
Adjustments to reconcile net income to net cash used in operating activities:								-
Interest earned on investment held in Trust Account		(558,639	)		-			(558,639	)
Change in fair value of warrant liabilities		(22,480	)		-			(22,480	)
Changes in current assets and current liabilities:
Prepaid assets		(27,677	)		-			(27,677	)
Accounts payable and accrued expense		142,875			-			142,875
Due to related party		100,005			-			100,005
Net Cash Used in Operating Activities		(79,065	)		-			(79,065	)
Cash Flows from Investing Activities:
Purchase of investment held in Trust Account		(1,268,800	)		-			(1,268,800	)
Cash withdrawn from Trust Account to pay redeeming shareholders		105,879,118			-			105,879,118
Net Cash Provided by Investing Activities		104,610,318			-			104,610,318
Cash Flows from Financing Activities:
Proceeds from promissory note – related party		780,000			-			780,000
Proceeds from promissory note		100,000			-			100,000
Redemption of ordinary shares		(105,879,118	)		-			(105,879,118	)
Net Cash Used in Financing Activities		(104,999,118	)		-			(104,999,118	)
Net Decrease in Cash		(467,865	)		-			(467,865	)
Cash – Beginning of the period		477,154			-			477,154
Cash – Ending of period	$	9,289		$	-		$	9,289
Supplemental Disclosure of Non-cash Financing Activities:
Change in value of ordinary shares subject to possible redemption	$	286,858		$	(286,858	)	$	-
Accretion of carrying value to redemption value	$	-		$	1,827,439		$	1,827,439

	As Previously					As
	Reported		Adjustments			Restated
Assets
Cash	$	1,595	$	-		$	1,595
Prepaid assets		19,385		-			19,385
Total Current Assets		20,980		-			20,980
							-
Cash and investments held in Trust Account		15,174,028		-			15,174,028
Total Assets	$	15,195,008	$	-		$	15,195,008
Liabilities, Temporary Equity, and Shareholders’ Equity (Deficit)
Accounts payable and accrued expenses	$	187,604	$	-		$	187,604
Due to related party		205,000		-			205,000
Promissory notes		1,868,800		-			1,868,800
Promissory note - related party		1,080,000		-			1,080,000
Total Current Liabilities		3,341,404		-			3,341,404
Warrants liabilities		495,105		-			495,105
Deferred underwriting compensation		4,020,797		-			4,020,797
Total Liabilities		7,857,306		-			7,857,306
Commitments and Contingencies
Ordinary shares subject to possible redemption, 217,866 and 1,414,480 shares as previously reported and as restated, respectively, at conversion value of $10.73 per share		2,337,698		12,836,330			15,174,028
Shareholders’ Equity (Deficit):
Preference shares, no par value, 100,000,000 shares authorized, none issued and outstanding		-		-			-
Ordinary shares, no par value; 300,000,000 shares authorized; 4,398,372 and 3,201,758 shares (excluding 217,866 and 1,414,480 shares subject to possible redemption) as previously reported and as restated, respectively		2,233,061		(2,233,061	)		-
Retained earnings (accumulated deficit)		2,766,943		(10,603,269	)		(7,836,326	)
Total Shareholders’ Equity (Deficit)		5,000,004		(12,836,330	)		(7,836,326	)
Total Liabilities, Temporary Equity, and Shareholders’ Equity (Deficit)	$	15,195,008	$	-		$	15,195,008

	Three Months Ended September 30, 2020									Nine Months Ended September 30, 2020
	As Previously						As			As Previously						As
	Reported			Adjustments			Restated			Reported			Adjustments			Restated
Operating costs	$	100,347		$	-		$	100,347		$	395,447		$	-		$	395,447
Loss from operations		(100,347	)		-			(100,347	)		(395,447	)		-			(395,447	)
Other income:
Interest income - bank		3			-			3			835			-			835
Interest income		380			-			380			559,019			-			559,019
Change in fair value of warrant liabilities		15,734			-			15,734			38,214			-			38,214
Total other income		16,117			-			16,117			598,068			-			598,068
Net (loss) income		(84,230	)		-			(84,230	)		202,621			-			202,621
Less: income attributable to ordinary shares subject to possible redemption		(59	)		59			-			(86,089	)		86,089			-
Adjusted net (loss) income	$	(84,289	)	$	84,289		$	-		$	116,532		$	(116,532	)	$	-
Basic and diluted weighted average redeemable ordinary shares outstanding		-			1,414,480			1,414,480			-			5,605,649			5,605,649
Basic and diluted net loss per redeemable ordinary share	$	-		$	(0.06	)	$	(0.06	)	$	-		$	(0.20	)	$	(0.20	)
Basic and diluted weighted average non-redeemable ordinary shares outstanding		4,387,754			(1,185,996	)		3,201,758			4,340,885			(1,139,127	)		3,201,758
Basic and diluted net loss per non-redeemable ordinary share	$	(0.02	)	$	(0.04	)	$	(0.06	)	$	0.03		$	(0.23	)	$	(0.20	)

ALBERTON ACQUISITION CORPORATION
STATEMENT OF CASH FLOWS
NINE MONTHS ENDED SEPTEMBER 30, 2020

	As Previously						As
	Reported			Adjustments			Restated
Cash Flows from Operating Activities:
Net income	$	202,621		$	-		$	202,621
Adjustments to reconcile net income to net cash used in operating activities:								-
Interest earned on investment held in Trust Account		(559,019	)		-			(559,019	)
Change in fair value of warrant liabilities		(38,214	)		-			(38,214	)
Changes in current assets and current liabilities:
Prepaid assets		(11,052	)		-			(11,052	)
Accounts payable and accrued expense		173,905			-			173,905
Due to related party		205,000			-			205,000
Net Cash Used in Operating Activities		(26,759	)		-			(26,759	)
Cash Flows from Investing Activities:
Purchase of investment held in Trust Account		(1,448,800	)		-			(1,448,800	)
Cash withdrawn from Trust Account to pay redeeming shareholders		105,879,118			-			105,879,118
Net Cash Provided by Investing Activities		104,430,318			-			104,430,318
Cash Flows from Financing Activities:
Proceeds from promissory note – related party		780,000			-			780,000
Proceeds from promissory note		220,000			-			220,000
Redemption of ordinary shares		(105,879,118	)		-			(105,879,118	)
Net Cash Used in Financing Activities		(104,879,118	)		-			(104,879,118	)
Net Decrease in Cash		(475,559	)		-			(475,559	)
Cash – Beginning of the period		477,154			-			477,154
Cash – Ending of period	$	1,595		$	-		$	1,595
Supplemental Disclosure of Non-cash Financing Activities:
Change in value of ordinary shares subject to possible redemption	$	202,627		$	(202,627	)	$	-
Accretion of carrying value to redemption value	$	-		$	2,007,819		$	2,007,819