Quarterly report pursuant to Section 13 or 15(d)

UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS

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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 173,764 $ 161,405
Prepaid expenses 77,250 304,077
Total current assets 251,014 465,482
Marketable securities held in Trust Account 129,127,500 162,019,909
Total assets 129,378,514 162,485,391
Current liabilities:    
Accounts payable 497,644 121,516
Accrued expenses 678,891 30,610
Convertible note payable - related party 1,500,000 750,000
Promissory note - related party 1,000,000
Franchise tax payable 30,050 40,000
Income tax payable 96,850
Total current liabilities 3,803,435 942,126
Deferred tax liability 128,105
Deferred underwriting commissions 5,433,750 5,433,750
Total liabilities 9,237,185 6,503,981
Class A common stock, $0.0001 par value; 10,893,219 and 14,461,820 shares subject to possible redemption at $10.57 and $10.44 per share at September 30, 2020 and December 31, 2019, respectively 115,141,325 150,981,401
Stockholders' Equity:    
Preferred stock, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding at September 30, 2020 and December 31, 2019, respectively
Additional paid-in capital 3,881,645 2,757,412
Retained earnings 1,117,838 2,242,103
Total stockholders' equity 5,000,004 5,000,009
Total Liabilities and Stockholders' Equity 129,378,514 162,485,391
Common Stock Class A    
Stockholders' Equity:    
Common stock value 133 106
Total stockholders' equity 133 106
Common Stock Class B    
Stockholders' Equity:    
Common stock value 388 388
Total stockholders' equity $ 388 $ 388