Quarterly report pursuant to Section 13 or 15(d)

Condensed Balance Sheets (Unaudited)

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Condensed Balance Sheets (Unaudited) - USD ($)
Jun. 30, 2019
Sep. 30, 2018
Current assets    
Cash $ 329,245 $ 597,268
Receivable from related party 6,946 6,229
Prepaid expenses 31,982 110,439
Total current assets 368,173 713,936
Cash and marketable securities held in Trust Account 77,838,232 144,964,309
Interest receivable on cash and marketable securities held in Trust Account 155,566 221,157
TOTAL ASSETS 78,361,971 145,899,402
Current liabilities    
Accounts payable 1,275,461 64,581
Payable to related party 44,119  
Notes payable to Founders 2,074,099  
Accrued liabilities 630,922 772,840
Other current liabilities 203,018 221,865
Total current liabilities 4,227,619 1,059,286
Commitments and contingencies (Note 5)
Common stock subject to possible redemption, 7,238,641 and 14,309,217 shares as of June 30, 2019 and September 30, 2018, respectively, at a redemption value of $10.00 per share 69,134,351 139,840,115
Stockholders’ equity    
Preferred stock, par value of $0.0001 per share; 1,000,000 shares authorized; none issued or outstanding
Common stock, par value of $0.0001 per share; 100,000,000 shares authorized; 4,397,901 and 4,152,789 shares issued and outstanding as of June 30, 2019 and September 30, 2018 (excluding 7,238,641 and 14,309,217 shares subject to possible redemption as of June 30, 2019 and September 30, 2018, respectively) 440 415
Additional paid-in capital 6,190,351 5,664,971
Accumulated deficit (1,190,790) (665,385)
Total stockholders’ equity 5,000,001 5,000,001
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 78,361,971 $ 145,899,402