Quarterly report pursuant to Section 13 or 15(d)

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

v3.20.2
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
9 Months Ended
Sep. 30, 2020
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES  
Summary of basic and diluted loss per common share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the

 

 

 

 

 

 

 

 

 

 

 

Period from

 

 

 

 

 

 

 

 

 

 

 

May 24,

 

 

 

 

 

 

 

 

 

 

 

2019

 

 

Three Months

 

Nine Months

 

(Inception)

 

 

Ended

 

Ended

 

Through

 

 

September 30, 

 

September 30, 

 

September 30, 

 

    

2020

    

2019

    

2020

    

2019

Net (loss) income

 

$

(100,155)

 

$

99,139

 

$

465,934

 

$

98,139

Less: Income attributable to common stock subject to possible redemption

 

 

(10,013)

 

 

(135,409)

 

 

(700,885)

 

 

(135,409)

Adjusted net loss available to common shares

 

$

(110,168)

 

$

(36,270)

 

$

(234,951)

 

$

(37,270)

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding, basic and diluted

 

 

8,218,085

 

 

6,523,285

 

 

8,208,043

 

 

6,444,901

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic and diluted net loss per share

 

$

(0.01)

 

$

(0.01)

 

$

(0.03)

 

$

(0.01)