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Condensed Balance Sheets - USD ($)
Jun. 30, 2020
Dec. 31, 2019
Current assets    
Cash $ 1,065,463 $ 24,970
Prepaid expenses 50,372 28,872
Total Current Assets 1,115,835 53,842
Deferred offering costs 603,833
Marketable securities held in Trust Account 173,647,848
TOTAL ASSETS 174,763,683 657,675
Current liabilities    
Accounts payable and accrued expenses 97,880
Accrued offering costs 13,459 3,508
Income taxes payable 126,084
Advances from related party 631,366
Total Current Liabilities 237,423 634,874
Convertible promissory note - related party 1,000,000
TOTAL LIABILITIES 1,237,423 634,874
Commitments
Common stock subject to possible redemption 16,761,273 and no shares at redemption value at June 30, 2020 and December 31, 2019, respectively 168,526,257
Stockholders' Equity    
Preferred stock, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding
Common stock, $0.0001 par value; 70,000,000 shares authorized; 5,131,227 and 4,312,500 shares issued and outstanding (excluding 16,761,273 and no shares subject to possible redemption) at June 30, 2020 and December 31, 2019, respectively [1] 513 431
Additional paid-in capital 4,528,956 24,569
Retained earnings (accumulated deficit) 470,534 (2,199)
Total Stockholders' Equity 5,000,003 22,801
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 174,763,683 $ 657,675
[1] Share count at December 31, 2019 included up to 562,500 shares subject to forfeiture if the over-allotment was not exercised in full or in part by the underwriters (see Note 7).