Related Party Transactions (Details) - USD ($) |
1 Months Ended | 3 Months Ended | |||||
---|---|---|---|---|---|---|---|
Mar. 05, 2019 |
Feb. 28, 2019 |
Jan. 31, 2019 |
Sep. 30, 2018 |
Aug. 31, 2018 |
Mar. 31, 2020 |
Mar. 31, 2019 |
|
Related Party Transactions (Textual) | |||||||
Warrant price per share | $ 1.00 | ||||||
Initial business combination cash fee | $ 500,000 | ||||||
Public Offering expenses | $ 210,000 | $ 210,000 | $ 90,000 | ||||
Remaining balance of note | $ 300,000 | ||||||
Class A Common Stock [Member] | |||||||
Related Party Transactions (Textual) | |||||||
Share price per share | $ 11.50 | ||||||
Sponsor [Member] | |||||||
Related Party Transactions (Textual) | |||||||
Accounting office space, utilities and secretarial and administrative support to sponsor | $ 15,000 | ||||||
Administrative expense | $ 45,000 | $ 15,000 | |||||
Related party loans, description | The Sponsor agreed to loan the Company an aggregate of $300,000 by drawdowns of not less than $10,000 each against the issuance of an unsecured promissory note (the "Note") to cover expenses related to the Public Offering. The Note was non-interest bearing and payable on the earlier of March 31, 2019 or the completion of the Public Offering. | ||||||
Initial business combination, description | The securities were first listed on the Nasdaq Capital Market, the Company has agreed to compensate its Chief Financial Officer $29,000 per month for his services prior to the consummation of the Company's initial Business Combination, of which 60% is payable currently in cash and 40% is payable upon the completion of the Company's initial Business Combination. The financial statements at March 31, 2020 and December 31, 2019 include an accrued liability for approximately $151,000 and $116,000, respectively, for the deferred portion of this compensation. Approximately $87,000 and $29,000, respectively, was charged to operations for the three months ended March 31, 2020 and 2019 for the aggregate of cash and deferred compensation. | ||||||
Sponsor [Member] | Founder Shares [Member] | |||||||
Related Party Transactions (Textual) | |||||||
Initial business combination, description | (A) one year after the completion of the Company's initial Business Combination, or (B), subsequent to the Company's initial Business Combination, if (x) the last reported sale price of the Company's Class A common stock equals or exceeds $12.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period commencing at least 150 days after the Company's initial Business Combination or (y) the date on which the Company completes a liquidation, merger, stock exchange or other similar transaction after the initial Business Combination that results in all of the Company's stockholders having the right to exchange their shares of common stock for cash, securities or other property. | ||||||
Founder Shares [Member] | |||||||
Related Party Transactions (Textual) | |||||||
Conversion of common stock, description | The Sponsor purchased 7,187,500 shares of Class B common stock (the "Founder Shares") for $25,000, or approximately $0.003 per share. In October 2018, the Sponsor transferred 75,000 founder shares to each of the Company's six independent directors, 300,000 shares to our Executive Vice President, Chief Financial Officer and Secretary, and 225,000 shares to our President and Chief Operating Officer. In January 2019, the Sponsor forfeited 871,930 shares of Class B common stock and certain funds and accounts managed by subsidiaries of BlackRock, Inc. (collectively, the "Anchor Investor") purchased 871,930 shares of Class B common stock for an aggregate purchase price of approximately $3,000, or approximately $0.003 per share. On February 28, 2019, the Company effected a stock dividend for approximately 0.05 shares for each of the Company's shares of Class B common stock, resulting in the Company's initial stockholders holding an aggregate of 7,503,750 Founder Shares. The financial statements have been retroactively restated to reflect the issuance of the stock dividend in all periods presented. Following the stock dividend, the Company's officers and directors retransferred an aggregate of 48,823 Founder Shares to the Sponsor and the Anchor Investor waived its right to the stock dividend. | ||||||
Agreed to forfeit founder shares | 978,750 | ||||||
Private Placement Warrants [Member] | |||||||
Related Party Transactions (Textual) | |||||||
Initial business combination, description | The Company issues additional shares of common stock or equity-linked securities for capital raising purposes in connection with the closing of its initial Business Combination at an issue price or effective issue price of less than $9.20 per share of common stock (with such issue price or effective issue price to be determined in good faith by the Company's board of directors and, in the case of any such issuance to the initial stockholders or their affiliates, without taking into account any Founder Shares held by them, as applicable, prior to such issuance) (the "newly issued price"), the exercise price of the Private Placement Warrants will be adjusted (to the nearest cent) to be equal to 115% of the newly issued price. | ||||||
Private Placement Warrants [Member] | Sponsor [Member] | |||||||
Related Party Transactions (Textual) | |||||||
Sponsor purchased shares | 13,581,500 | ||||||
Private placement purchase price | $ 13,581,500 |