Quarterly report pursuant to Section 13 or 15(d)

Condensed Statements of Operations (Unaudited)

v3.20.1
Condensed Statements of Operations (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Income Statement [Abstract]    
Operating costs $ 343,592 $ 181,150
Loss from operations (343,592) (181,150)
Other income:    
Interest income 321,864 685,649
Unrealized gain on marketable securities held in Trust Account 490 1,761
Other income 322,354 687,410
(Loss) income before provision for income taxes (21,238) 506,260
Benefit (provision) for income taxes 5,386 (126,019)
Net (loss) income $ (15,852) $ 380,241
Weighted average shares outstanding, basic and diluted [1] 3,946,146 3,789,558
Basic and diluted net loss per common share [2] $ (0.06) $ (0.03)
[1] Excludes an aggregate of up to 3,830,226 and 11,019,667 shares subject to possible redemption at March 31, 2020 and 2019, respectively.
[2] Net loss per share basic and diluted excludes income attributable to common stock subject to possible redemption of $234,163 and $490,015 for the year ended March 31, 2020 and 2019, respectively.