XML 15 R2.htm IDEA: XBRL DOCUMENT v3.20.1
Balance Sheets - USD ($)
Dec. 31, 2019
Dec. 31, 2018
Current assets    
Cash $ 597,374 $ 922,219
Prepaid expenses and other current assets 27,668 91,410
Prepaid income taxes 46,518
Total Current Assets 671,560 1,013,629
Marketable securities held in Trust Account 132,389,580 130,158,451
Total Assets 133,061,140 131,172,080
Current Liabilities    
Accounts payable and accrued expenses 211,736 129,307
Income taxes payable 6,876
Total Current Liabilities 211,736 136,183
Deferred tax liability 1,235
Total Liabilities 212,971 136,183
Common stock subject to possible redemption, 12,560,138 and 12,599,737 shares at redemption value at December 31, 2019 and 2018, respectively 127,848,165 126,035,889
Stockholders’ Equity    
Preferred stock, $0.0001 par value; 1,000,000 shares authorized, none issued and outstanding
Common stock, $0.0001 par value; 100,000,000 shares authorized; 3,689,862 and 4,137,763 shares issued and outstanding (excluding 12,560,138 and 12,599,737 shares subject to possible redemption) at December 31, 2019 and 2018, respectively 369 414
Additional paid in capital 3,168,207 4,980,438
Retained earnings 1,831,428 19,156
Total Stockholders’ Equity 5,000,004 5,000,008
Total Liabilities and Stockholders’ Equity $ 133,061,140 $ 131,172,080