General form of registration statement for all companies including face-amount certificate companies

Condensed Consolidated Balance Sheets

v3.20.4
Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2020
Dec. 31, 2019
Dec. 31, 2018
Current assets:      
Cash $ 355,000 $ 1,124,000 $ 6,000
Prepaid expenses 50,000 50,000
Total current assets 405,000 1,174,000 6,000
Deferred offering costs   232,000
Cash and investments held in trust account 306,566,000 307,338,000
Total assets 306,971,000 308,512,000 238,000
Current liabilities:      
Note payable to Sponsor   90,000
Accounts payable 6,000 46,000 27,000
Accrued liabilities 4,834,000 2,119,000 99,000
Deferred compensation 220,000 116,000
Total current liabilities 5,060,000 2,281,000 216,000
Other liabilities:      
Deferred underwriting compensation 10,179,000 10,179,000
Total liabilities 15,239,000 12,460,000 216,000
Commitments and contingencies  
Common stock subject to possible redemption; 28,389,295 and 28,817,019 shares at September 30, 2020 and December 31, 2019, respectively, (at value of approximately $10.10 per share) 286,732,000 291,052,000
Stockholders' equity:      
Preferred stock, $0.0001 par value; 1,000,000 authorized shares; none issued or outstanding at September 30, 2020 and December 31, 2019
Additional paid-in-capital 5,985,000 3,842,000 24,000
(Accumulated deficit) Retained earnings (986,000) 1,157,000 (3,000)
Total stockholders' equity 5,000,000 5,000,000 22,000
Total liabilities and stockholders' equity 306,971,000 308,512,000 238,000
Class A Common Stock      
Stockholders' equity:      
Common stock value
Total stockholders' equity  
Class B Common Stock      
Stockholders' equity:      
Common stock value 1,000 1,000 $ 1,000
Total stockholders' equity $ 1,000 $ 1,000