Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

v3.20.2
Condensed Consolidated 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 $ 3,040,133 $ 510,526 $ 4,047,981 $ 1,181,659
Loss from operations (3,040,133) (510,526) (4,047,981) (1,181,659)
Other income:        
Interest income 27,625 1,754,117 1,111,200 3,756,180
Unrealized (loss) gain on marketable securities held in Trust Account (178,078) 24,710
Other income 27,625 1,576,039 1,111,200 3,780,890
(Loss) income before benefit from (provision for) income taxes (3,012,508) 1,065,513 (2,936,781) 2,599,231
Benefit from (provision for) income taxes 51,898 (223,758) 35,655 (545,838)
Net (loss) income $ (2,960,610) $ 841,755 $ (2,901,126) $ 2,053,393
Weighted average shares outstanding, basic and diluted [1] 9,095,586 8,854,332 9,054,242 8,158,050
Basic and diluted net loss per common share [2] $ (0.33) $ (0.05) $ (0.42) $ (0.11)
[1] Excludes an aggregate of 28,129,612 and 28,603,405 shares subject to possible redemption at September 30, 2020 and 2019, respectively.
[2] Net loss per common share - basic and diluted excludes interest income of nil and $1,241,074 attributable to common stock subject to possible redemption for the three months ended September 30, 2020 and 2019, respectively, and $934,253 and $2,940,055 attributable to common stock subject to possible redemption for the nine months ended September 30, 2020 and 2019, respectively, (see Note 2).