XML 60 R2.htm IDEA: XBRL DOCUMENT v3.21.1
CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2020
Dec. 31, 2019
Current Assets    
Cash $ 466 $ 6
Prepaid expenses 30,350 69,483
Prepaid income taxes 51,642 0
Total current assets 82,458 69,489
Cash and marketable securities held in Trust Account 5,967,947 32,005,205
Total assets 6,050,405 32,074,694
Current Liabilities    
Accounts payable and accrued expenses 609,509 622,441
Promissory note - related party 862,148 416,141
Promissory notes payable 1,809,889 1,535,623
Total liabilities 3,281,546 2,574,205
Commitments and contingencies (Note 7)
Common stock subject to possible redemption, -0- and 2,305,335 shares at redemption value at December 31, 2020 and 2019, respectively 0 24,500,488
Stockholders' Equity    
Preferred stock, $0.001 par value; 1,000,000 shares authorized; none issued and outstanding 0 0
Common stock, $0.001 par value; 100,000,000 shares authorized; 2,688,242 and 2,844,414 shares issued and outstanding (excluding -0- and 2,305,335 shares subject to possible redemption) at December 31, 2020 and 2019, respectively 2,688 2,844
Additional paid-in capital 2,831,088 4,627,662
Retained earnings/(accumulated deficit) (64,917) 369,495
Total stockholders' equity 2,768,859 5,000,001
Total liabilities and stockholders' equity $ 6,050,405 $ 32,074,694