Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited)

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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
Mar. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 194,875 $ 133,729
Prepaid expenses 60,000 11,250
Total current assets 254,875 144,979
Cash and marketable securities held in Trust Account 142,027,742 141,307,307
Total assets 142,282,617 141,452,286
Current liabilities:    
Accounts payable and accrued expenses 74,007 148,514
Accounts payable - related party 99,188 13,340
Income taxes payable 657,989 472,770
Deferred income taxes 1,798 438
Convertible notes payable - related party 650,000 350,000
Total current liabilities 1,482,982 985,062
Total liabilities 1,482,982 985,062
Commitments
Common stock, $.0001 par value, subject to possible redemption, 13,258,966 and 13,283,086 shares at March 31, 2019 and December 31, 2018, respectively, at redemption value 135,799,630 135,467,219
Stockholders' equity:    
Preferred stock, $.0001 par value, 1,000,000 shares authorized, none issued and outstanding 0 0
Common stock, $.0001 par value; 35,000,000 shares authorized, 4,436,034 and 4,411,914 shares at March 31, 2019 and December 31, 2018, respectively, issued and outstanding (excluding 13,258,966 and 13,283,086 shares at March 31, 2019 and December 31, 2018, respectively, subject to possible redemption) 444 442
Additional paid in capital 3,432,801 3,765,214
Retained earnings 1,566,760 1,234,349
Total stockholders' equity 5,000,005 5,000,005
Total liabilities and stockholders' equity $ 142,282,617 $ 141,452,286