Restatement of Previously Issued Financial Statements (Tables)

12 Months Ended

Dec. 31, 2020

Condensed Financial Information Disclosure [Abstract]

Schedule of financial statement

	As Previously Reported		Adjustments			As Restated
Balance Sheet as of December 31, 2019
Warrant liabilities	$	-	$	533,319		$	533,319
Ordinary shares subject to possible redemption	$	108,547,510	$	(533,321	)	$	108,014,189
Ordinary shares	$	2,567,939	$	(132,251	)	$	2,435,688
Retained earnings	$	2,432,069	$	132,253		$	2,564,322
Total shareholders’ equity	$	5,000,008	$	2		$	5,000,010

	As Previously Reported		Adjustments			As Restated
Balance Sheet as of December 31, 2020
Warrant liabilities	$	-	$	522,579		$	52,579
Ordinary shares subject to possible redemption	$	2,672,183	$	(522,576	)	$	2,149,607
Ordinary shares	$	2,553,378	$	(142,996	)	$	2,410,382
Retained earnings	$	2,446,631	$	142,993		$	2,589,624
Total shareholders’ equity	$	5,000,009	$	(3	)	$	5,000,006

	As Previously Reported			Adjustments		As Restated
Statement of Operations for the Year Ended December 31, 2019
Change in fair value of warrant liabilities	$	-		$	77,859	$	77,859
Net income	$	2,090,361		$	77,859	$	2,168,220
Income attributable to ordinary shares subject to possible redemption	$	(2,345,916	)	$	11,318	$	(2,334,598	)
Adjusted net loss	$	(255,555	)	$	89,177	$	(166,378	)
Basic and diluted weighted average shares outstanding		4,097,705			45,751		4,143,456
Adjusted basic and diluted net loss per ordinary share	$	(0.06	)	$	0.02	$	(0.04	)

	As Previously Reported			Adjustments		As Restated
Statement of Operations for the Year Ended December 31, 2020
Change in fair value of warrant liabilities	$	-		$	10,740	$	10,740
Net income	$	14,562		$	10,740	$	25,302
Income attributable to ordinary shares subject to possible redemption	$	(97,280	)	$	19,019	$	(78,261	)
Adjusted net loss	$	(82,718	)	$	29,759	$	(52,959	)
Basic and diluted weighted average shares outstanding		4,307,454			48,740		4,356,194
Adjusted basic and diluted net loss per ordinary share	$	(0.02	)	$	0.01	$	(0.01	)

	As Previously Reported		Adjustments			As Restated
Statement of Cash Flows for the Year Ended December 31, 2019
Net income	$	2,090,361	$	77,859		$	2,168,220
Change in fair value of warrant liabilities		-	$	(77,859	)	$	(77,859	)

	As Previously Reported		Adjustments			As Restated
Statement of Cash Flows for the Year Ended December 31, 2020
Net income	$	14,562	$	10,740		$	25,302
Change in fair value of warrant liabilities		-	$	(10,740	)	$	(10,740	)

	As Previously Reported		Adjustments			As Restated
Balance Sheet as of December 31, 2019
Ordinary shares subject to possible redemption	$	108,014,189	$	11,031,138		$	119,045,327
Ordinary shares	$	2,435,688	$	(2,435,688	)	$	-
Retained earnings (accumulated deficit)	$	2,564,322	$	(8,595,450	)	$	(6,031,128	)
Total shareholders’ equity (deficit)	$	5,000,010	$	(11,031,138	)	$	(6,031,128	)

	As Previously Reported		Adjustments			As Restated
Balance Sheet as of December 31, 2020
Ordinary shares subject to possible redemption	$	2,149,607	$	13,215,384		$	15,364,991
Ordinary shares	$	2,410,382	$	(2,410,382	)	$	-
Retained earnings (accumulated deficit)	$	2,589,624	$	(10,805,002	)	$	(8,215,378	)
Total shareholders’ equity (deficit)	$	5,000,006	$	(13,215,384	)	$	(8,215,378	)

	As Previously Reported			Adjustments			As Restated
Statement of Operations for the Year Ended December 31, 2019
Net income	$	2,168,220		$	-		$	2,168,220
Less: income attributable to ordinary shares subject to possible redemption	$	(2,334,598	)	$	2,334,598		$	-
Adjusted net loss	$	(166,378	)	$	166,378		$	-
Basic and diluted weighted average redeemable ordinary shares outstanding		-			11,487,992			11,487,992
Basic and diluted net loss per redeemable ordinary share	$	-		$	(0.11	)	$	(0.11	)
Basic and diluted weighted average non-redeemable ordinary shares outstanding		4,143,456			(941,698	)		3,201,758
Basic and diluted net loss per non-redeemable ordinary share	$	(0.04	)	$	(0.07	)	$	(0.11	)

	As Previously Reported			Adjustments			As Restated
Statement of Operations for the Year Ended December 31, 2020
Net income	$	25,302		$	-		$	25,302
Less: income attributable to ordinary shares subject to possible redemption	$	(78,261	)	$	78,261		$	-
Adjusted net loss	$	(52,959	)	$	52,959		$	-
Basic and diluted weighted average redeemable ordinary shares outstanding		-			4,551,951			4,551,951
Basic and diluted net loss per redeemable ordinary share	$	-		$	(0.28	)	$	(0.28	)
Basic and diluted weighted average non-redeemable ordinary shares outstanding		4,356,194			(1,154,436	)		3,201,758
Basic and diluted net loss per non-redeemable ordinary share	$	(0.01	)	$	(0.27	)	$	(0.28	)

	As Previously Reported		Adjustments			As Restated
Statement of Cash Flows for the Year Ended December 31, 2019
Supplemental Disclosure of Non-cash Financing Activities:
Change in value of ordinary shares subject to possible redemption	$	2,168,213	$	(2,168,213	)	$	-
Accretion of carrying value to redemption value	$	-	$	3,721,076		$	3,721,076

	As Previously Reported		Adjustments			As Restated
Statement of Cash Flows for the Year Ended December 31, 2020
Supplemental Disclosure of Non-cash Financing Activities:
Change in value of ordinary shares subject to possible redemption	$	25,306	$	(25,306	)	$	-
Accretion of carrying value to redemption value	$	-	$	2,209,552		$	2,209,552