XML 36 R2.htm IDEA: XBRL DOCUMENT v3.20.1
Condensed Balance Sheets - USD ($)
Mar. 31, 2020
Dec. 31, 2019
Current assets    
Cash $ 195,979 $ 140,303
Prepaid income taxes 69,818
Prepaid expenses and other current assets 216,074 186,247
Total Current Assets 412,053 396,368
Marketable securities held in Trust Account 282,403,044 280,103,245
Total Assets 282,815,097 280,499,613
Current liabilities    
Accounts payable and accrued expenses 114,032 269,055
Income taxes payable 125,813
Due to affiliate 303,677
Total Current Liabilities 543,522 269,055
Deferred tax liability 302,031 27,069
Total Liabilities 845,553 296,124
Commitments
Common stock subject to possible redemption, 27,082,526 and 27,126,477 shares at redemption value at March 31, 2020 and December 31, 2019, respectively 276,969,542 275,203,480
Stockholders’ Equity    
Preferred stock, $0.0001 par value; 1,000,000 shares authorized, none issued and outstanding
Common stock, $0.0001 par value; 65,000,000 shares authorized; 8,404,474 and 8,360,523 shares issued and outstanding (excluding 27,082,526 and 27,126,477 shares subject to possible redemption) at March 31, 2020 and December 31, 2019, respectively 840 836
Additional paid in capital 1,632,786
Retained earnings 4,999,162 3,366,387
Total Stockholders' Equity 5,000,002 5,000,009
Total Liabilities and Stockholders’ Equity $ 282,815,097 $ 280,499,613