Annual report pursuant to Section 13 and 15(d)

Balance Sheets

v3.20.1
Balance Sheets - USD ($)
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash $ 1,124,000 $ 6,000
Prepaid expenses 50,000
Total current assets 1,174,000 6,000
Deferred offering costs 232,000
Cash and investments held in trust account 307,338,000  
Total assets 308,512,000 238,000
Current liabilities:    
Note payable to Sponsor 90,000
Accounts payable 46,000 27,000
Accrued liabilities 2,119,000 99,000
Deferred compensation 116,000  
Total current liabilities 2,281,000 216,000
Other liabilities:    
Deferred underwriting compensation 10,179,000
Total liabilities 12,460,000 216,000
Commitments and contingencies
Common stock subject to possible redemption; 28,817,019 and -0- shares at December 31, 2019 and 2018, respectively, (at value of approximately $10.10 per share) 291,052,000
Stockholders' equity:    
Preferred stock, $0.0001 par value; 1,000,000 authorized shares; none issued or outstanding at December 31, 2019 and 2018, respectively
Additional paid-in-capital 3,842,000 24,000
Retained earnings (accumulated deficit) 1,157,000 (3,000)
Total stockholders' equity 5,000,000 22,000
Total liabilities and stockholders' equity 308,512,000 238,000
Class A Common Stock    
Stockholders' equity:    
Common stock
Total stockholders' equity
Class B Common Stock    
Stockholders' equity:    
Common stock 1,000 1,000
Total stockholders' equity $ 1,000 $ 1,000