Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Changes in Stockholders' Equity (unaudited)

v3.20.2
Condensed Consolidated Statements of Changes in Stockholders' Equity (unaudited) - USD ($)
Common Stock
Additional Paid-in Capital
Retained Earnings
Total
Balance at Dec. 31, 2018 $ 410 $ 3,838,395 $ 1,161,201 $ 5,000,006
Balance (in shares) at Dec. 31, 2018 4,098,712      
Change in value of common stock subject to possible redemption [1] $ 13 (231,610) (231,597)
Change in value of common stock subject to possible redemption (in shares) [1] 128,376      
Net income (loss) 231,595 231,595
Balance at Mar. 31, 2019 $ 423 3,606,785 1,392,796 5,000,004
Balance (in shares) at Mar. 31, 2019 4,227,088      
Balance at Dec. 31, 2018 $ 410 3,838,395 1,161,201 5,000,006
Balance (in shares) at Dec. 31, 2018 4,098,712      
Net income (loss)       220,765
Balance at Jun. 30, 2019 $ 423 3,606,785 1,392,796 5,000,004
Balance (in shares) at Jun. 30, 2019 4,227,088      
Balance at Mar. 31, 2019 $ 423 3,606,785 1,392,796 5,000,004
Balance (in shares) at Mar. 31, 2019 4,227,088      
Change in value of common stock subject to possible redemption [1] $ 3 10,830 10,830
Change in value of common stock subject to possible redemption (in shares) [1] 37,203      
Net income (loss) 10,830 (10,830)
Balance at Jun. 30, 2019 $ 423 3,606,785 1,392,796 5,000,004
Balance (in shares) at Jun. 30, 2019 4,227,088      
Balance at Dec. 31, 2019 $ 446 3,929,663 1,069,901 5,000,010
Balance (in shares) at Dec. 31, 2019 4,458,149      
Change in value of common stock subject to possible redemption $ 2 217,406 217,408
Change in value of common stock subject to possible redemption (in shares) 21,129      
Net income (loss) (217,411) (217,411)
Balance at Mar. 31, 2020 $ 448 4,147,069 852,490 5,000,007
Balance (in shares) at Mar. 31, 2020 4,479,278      
Balance at Dec. 31, 2019 $ 446 3,929,663 1,069,901 5,000,010
Balance (in shares) at Dec. 31, 2019 4,458,149      
Net income (loss)       (2,528,799)
Balance at Jun. 30, 2020 $ 448 4,147,069 852,490 5,000,008
Balance (in shares) at Jun. 30, 2020 4,479,278      
Balance at Mar. 31, 2020 $ 448 4,147,069 852,490 5,000,007
Balance (in shares) at Mar. 31, 2020 4,479,278      
Change in value of common stock subject to possible redemption [2] $ (45) (4,727,648) (4,727,693)
Change in value of common stock subject to possible redemption (in shares) [2] (451,957)      
Issuance of commitment shares and leak-out shares and beneficial conversion feature in connection with convertible promissory notes $ 105 3,013,997 3,014,082
Issuance of commitment shares and leak-out shares and beneficial conversion feature in connection with convertible promissory notes (in shares) 1,050,000      
Waiver of deferred underwriting fee 4,025,000 4,025,000
Net income (loss)     (2,311,388) (2,311,388)
Balance at Jun. 30, 2020 $ 448 $ 4,147,069 $ 852,490 $ 5,000,008
Balance (in shares) at Jun. 30, 2020 4,479,278      
[1] Includes the redemption of 5,128,523 shares of common stock on March 5, 2019 and 1,580,762 shares of common stock on June 5, 2019.
[2] Includes the redemption of 67,665 shares of common stock on April 8, 2020.