SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) - Schedule of reconciliation of net loss per common share - USD ($) |
3 Months Ended | 9 Months Ended | ||||||
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Sep. 30, 2020 |
Sep. 30, 2019 |
Sep. 30, 2020 |
Sep. 30, 2019 |
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Schedule of reconciliation of net loss per common share [Abstract] | ||||||||
Net (loss) income | $ (343,431) | $ 336,700 | $ (551,140) | $ 1,001,250 | ||||
Less: Income attributable to shares subject to possible redemption | (418,858) | (183,478) | (1,342,216) | |||||
Adjusted net loss | $ (343,431) | $ (82,158) | $ (734,618) | $ (340,966) | ||||
Weighted average common shares outstanding, basic and diluted (in Shares) | [1] | 4,069,685 | 3,800,351 | 4,016,420 | 3,796,787 | |||
Basic and diluted net loss per common share (in Dollars per share) | [2] | $ (0.08) | $ (0.02) | $ (0.18) | $ (0.09) | |||
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- References No definition available.
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- Definition The amount of net income or loss for the period per each share in instances when basic and diluted earnings per share are the same amount and reported as a single line item on the face of the financial statements. Basic earnings per share is the amount of net income or loss for the period per each share of common stock or unit outstanding during the reporting period. Diluted earnings per share includes the amount of net income or loss for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount, after deduction of tax, noncontrolling interests, dividends on preferred stock and participating securities; of income (loss) available to common shareholders. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of decrease to net income for accretion of temporary equity to its redemption value to derive net income apportioned to common stockholders. No definition available.
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- Definition Average number of shares or units issued and outstanding that are used in calculating basic and diluted earnings per share (EPS). No definition available.
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