Quarterly report pursuant to Section 13 or 15(d)

Condensed Statements of Operations (Unaudited)

v3.19.2
Condensed Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Income Statement [Abstract]        
Operating costs $ 233,367 $ 136,313 $ 414,517 $ 205,771
Loss from operations (233,367) (136,313) (414,517) (205,771)
Other income:        
Interest income 703,004 531,520 1,388,653 614,813
Unrealized gain (loss) on marketable securities held in Trust Account 17,202 (6,976) 18,963 7,606
Other income 720,206 524,544 1,407,616 622,419
Income before provision for income taxes 486,839 388,231 993,099 416,648
Provision for income taxes (202,530) (81,528) (328,549) (87,496)
Net income $ 284,309 $ 306,703 $ 664,550 $ 329,152
Weighted average shares outstanding, basic and diluted [1] 3,800,333 3,758,207 3,794,975 3,227,422
Basic and diluted net loss per common share [2] $ (0.04) $ (0.00) $ (0.07) $ (0.03)
[1] Excludes an aggregate of 11,019,649 and 11,054,757 shares subject to redemption at June 30, 2019 and 2018, respectively.
[2] Net loss per share - basic and diluted excludes income attributable to common stock subject to redemption of $448,127 and $324,004 for the three months ended June 30, 2019 and 2018, respectively, and $938,142 and $418,091 for the six months ended June 30, 2019 and 2018, respectively.