XML 31 R18.htm IDEA: XBRL DOCUMENT v3.20.1
Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2020
Accounting Policies [Abstract]  
Reconciliation of Net Income (Loss) per Common Share
The Company’s net income is adjusted for the portion of income that is attributable to common stock subject to redemption, as these shares only participate in the income of the Trust Account and not the losses of the Company. Accordingly, basic and diluted loss per common share is calculated as follows:
 
   
For the Three Months
Ended March 30,

2020
 
Net Income
  $1,173,848 
Less: Income attributable to common stock subject to possible redemption
   (1,314,389
  
 
 
 
Adjusted net loss
  $(140,541
  
 
 
 
Weighted average shares outstanding, basic and diluted
   11,883,597 
  
 
 
 
Basic and diluted net loss per common share
  $(0.01