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Fair Value Measurements (Tables)
3 Months Ended 12 Months Ended
Mar. 31, 2021
Dec. 31, 2020
Fair Value Disclosures [Abstract]    
Fair Value, Assets Measured on Recurring Basis [Table Text Block]

Description

 

Level

 

March 31,
2021

 

December 31, 2020

Assets:

     

 

   

 

 

Marketable securities held in Trust Account – U.S. Treasury Securities Money Market Fund

 

1

 

$

100,203,611

 

$

100,339,379

       

 

   

 

 

Liabilities:

     

 

   

 

 

Warrant liability – Public Warrants

 

1

 

 

4,100,000

 

 

7,250,000

Warrant liability – Private Placement Warrants

 

3

 

 

3,320,000

 

 

5,880,000

Description

 

Level

 

December 31,
2020

 

Level

 

December 31,
2019

Assets:

     

 

       

 

 

Marketable securities held in Trust Account – U.S. Treasury Securities Money Market Fund

 

1

 

$

100,339,379

 

1

 

$

100,154,572

       

 

       

 

 

Liabilities:

     

 

       

 

 

Warrant Liability – Public Warrants

 

1

 

 

7,250,000

 

3

 

 

4,000,000

Warrant Liability – Private Placement Warrants

 

3

 

 

5,880,000

 

3

 

 

3,240,000

Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]  
 

December 31,
2020

 

December 31,
2019

Stock price

 

10.01

 

 

$

9.67

 

Term to initial business combination (in years)

 

0.75

 

 

 

1.0

 

Volatility

 

20.0

%

 

 

11.5

%

Risk-free rate

 

0.47

%

 

 

1.76

%

Dividend yield

 

0.0

%

 

 

0.0

%

Fair Value, Liabilities Measured on Recurring and Nonrecurring Basis [Table Text Block]  
 

Private
Placement

 

Public

 

Level 3
Warrant
Liabilities

Fair value as of August 13, 2019 (inception)

 

$

 

$

 

 

$

 

Initial measurement on November 22, 2019

 

 

3,080,000

 

 

3,800,000

 

 

 

6,880,000

 

Change in fair value

 

 

160,000

 

 

200,000

 

 

 

360,000

 

Fair value as of December 31, 2019

 

 

3,240,000

 

 

4,000,000

 

 

 

7,240,000

 

Change in fair value

 

 

2,640,000

 

 

(750,000

)

 

 

1,890,000

 

Transfer to Level 1

 

 

 

 

(3,250,000

)

 

 

(3,250,000

)

Fair value as of December 31, 2020

 

$

5,880,000

 

$

 

 

$

5,880,000

 

Schedule of changes in the fair value of Level 3 warrant liabilities
 

Private Placement

Fair value as of January 1, 2021

 

$

5,880,000

 

Change in fair value

 

 

(2,560,000

)

Fair value as of March 31, 2021

 

$

3,320,000