Quarterly report pursuant to Section 13 or 15(d)

Condensed Statements of Operations (Unaudited)

v3.20.2
Condensed Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Income Statement [Abstract]        
Operating costs $ 21,998 $ 99,898 $ 1,000,459 $ 307,774
Reimbursement of due diligence expenses (139,430)   (139,430)  
Income (loss) from operations 117,432 (99,898) (861,029) (307,774)
Other income:        
Interest income 23,081 592,838 553,336 1,656,016
Unrealized (loss) gain on marketable securities held in Trust Account (382) (15,485) 23,776
Other income, net 22,699 577,353 553,336 1,679,792
Net income (loss) $ 140,131 $ 477,455 $ (307,693) $ 1,372,018
Weighted average number of shares outstanding, basic and diluted [1] 3,634,473 3,537,120 3,582,689 3,413,363
Basic and diluted net income (loss) per ordinary share [2] $ 0.04 $ (0.02) $ (0.17) $ (0.07)
[1] Excludes an aggregate of up to 5,969,042 and 10,350,371 shares subject to possible redemption at September 30, 2020 and 2019, respectively.
[2] Net loss per ordinary share – basic and diluted excludes income attributable to ordinary shares subject to possible redemption of $12,546 and $553,336 for the three months ended September 30, 2020 and 2019, respectively, and $305,829 and $1,609,913 for the nine months ended September 30, 2020 and 2019, respectively (see Note 2).