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Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2020
Accounting Policies [Abstract]  
Schedule of assets and liabilities that are measured at fair value
   Level   December 31,
2020
   December 31,
2019
 
Warrant liabilities – Private Warrants  3   $522,579   $533,319 

 

Schedule of change in fair value of warrant liabilities
Warrant liabilities at December 31, 2018  $611,178 
Change in fair value of warrants liabilities for the year ended December 31, 2019   (77,859)
Warrant liabilities at December 31, 2019   533,319 
Change in fair value of warrants liabilities for the year ended December 31, 2020   (10,740)
Warrant liabilities at December 31, 2020  $522,579 

 

Schedule of fair value of the Private Warrants
   December 31,
2020
   December 31,
2019
 
Stock price  $11.41   $10.35 
Exercise price  $11.50   $11.50 
Risk-free interest rate   0.40%   1.71%
Expected term (in years)   5.25    5.25 
Expected dividend yield   0.00%   0.00%
Expected volatility   41.59%   37.70%
Merger probability adjustment   75.00%   95.00%