CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) |
3 Months Ended | |
|---|---|---|
Mar. 31, 2020 |
Mar. 31, 2019 |
|
| CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS | ||
| Operating costs | $ 286,645 | $ 83,942 |
| Loss from operations | (286,645) | (83,942) |
| Other income | ||
| Interest income | 622,821 | 543,268 |
| Income before provision for income taxes | 336,176 | 459,326 |
| Provision for income taxes | (120,451) | (103,268) |
| Net income | $ 215,725 | $ 356,058 |
| Weighted average shares outstanding of redeemable common stock, basic and diluted | 17,250,000 | 17,250,000 |
| Basic and diluted net income per common share, redeemable common stock | $ 0.03 | $ 0.02 |
| Weighted average shares outstanding of non-redeemable common stock, basic and diluted | 5,030,000 | 4,695,167 |
| Basic and diluted net loss per common share, non-redeemable common stock | $ (0.05) | $ (0.01) |
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- Definition The amount of net income (loss) from continuing operations subject to redeemable per each basic and diluted share of common stock or unit when the per share amount is the same for both basic and diluted shares. No definition available.
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- Definition Average number of shares or units issued and outstanding subject to redeemable that are used in calculating basic and diluted earnings per share (EPS). No definition available.
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- Definition Amount of income (loss) from continuing operations before deduction of income tax expense (benefit) and income (loss) attributable to noncontrolling interest, and addition of income (loss) from equity method investments. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The amount of net income (loss) from continuing operations per each basic and diluted share of common stock or unit when the per share amount is the same for both basic and diluted shares. No definition available.
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- References No definition available.
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount before accretion (amortization) of purchase discount (premium) of interest income on nonoperating securities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. No definition available.
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- Definition The net result for the period of deducting operating expenses from operating revenues. No definition available.
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- References No definition available.
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- Definition Average number of shares or units issued and outstanding that are used in calculating basic and diluted earnings per share (EPS). No definition available.
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