Quarterly report pursuant to Section 13 or 15(d)

CONDENSED STATEMENTS OF OPERATIONS

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CONDENSED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Income Statement [Abstract]        
Operating costs $ 2,205,105 $ 1,061 $ 2,661,813 $ 2,881
Loss from operations (2,205,105) (1,061) (2,661,813) (2,881)
Other income:        
Interest income 101,658   1,745,490  
Unrealized loss on marketable securities held in Trust Account (16,279)   (20,478)  
Other income, net 85,379   1,725,012  
Loss before provision for income taxes (2,119,726) (1,061) (936,801) (2,881)
Benefit from income taxes 251,353   2,939  
Net loss $ (1,868,373) $ (1,061) $ (933,862) $ (2,881)
Weighted average shares outstanding, basic and diluted (1) [1] 9,411,691 6,875,000 9,403,795 7,353,480
Basic and diluted net loss per common share (2) [2] $ (0.21) $ 0.00 $ (0.25) $ 0.00
[1] Excludes an aggregate of up to 29,908,965 shares subject to possible redemption at September 30, 2020 and 1,031,250 shares at September 30, 2019 subject to forfeiture if the underwriters’ over-allotment option was not exercised in full or in part (see Note 6). In April 2019, the Sponsor contributed back to the Company, for no consideration, 1,581,250 shares of common stock (as adjusted for the 1.1 stock dividend in October 2019) (see Note 6).
[2] Net loss per common share – basic and diluted excludes income attributable to common stock subject to possible redemption of $16,418 and $1,244,754 for the three and nine months ended September 30, 2020, respectively (see Note 3).