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Selected Quarterly Information (Unaudited)
12 Months Ended
Dec. 31, 2019
Initial Public Offering [Abstract]  
SELECTED QUARTERLY INFORMATION (UNAUDITED)

NOTE 10. SELECTED QUARTERLY INFORMATION (UNAUDITED)

 

The following table presents summarized unaudited quarterly financial data for each of the four quarters for the year ended December 31, 2019 and for the period from November 5, 2018 (inception) through December 31, 2018. The data has been derived from the Company's unaudited financial statements that, in management's opinion, include all adjustments (consisting of normal recurring adjustments) necessary for a fair presentation of such information when read in conjunction with the financial statements and notes thereto. The results of operations for any quarter are not necessarily indicative of the results of operations for any future period.

 

   First 
Quarter
   Second
Quarter
   Third 
Quarter
   Fourth 
Quarter
 
Year ended December 31, 2019                
Operating costs  $70,042   $195,350   $262,271   $251,152 
Interest income  $409,539   $1,670,719   $1,577,268   $1,254,820 
Unrealized gain (loss) on marketable securities  $19,142   $133,070   $(187,306)  $163,993 
Net income  $283,325   $1,264,809   $896,594   $922,451 
Basic and diluted loss per share  $(0.00)  $(0.02)  $(0.02)  $(0.03)

 

   Fourth 
Quarter
 
For the period from November 5, 2018 (inception) through December 31, 2018    
Operating costs  $792 
Net loss  $(792)
Basic and diluted loss per share  $(0.00)