Quarterly report pursuant to Section 13 or 15(d)

Condensed Statement of Cash Flows

v3.19.1
Condensed Statement of Cash Flows
3 Months Ended
Mar. 31, 2019
USD ($)
Cash Flows from Operating Activities:  
Net loss $ (13,739)
General and administrative expenses paid by related party 988
Changes in operating assets and liabilities:  
Accounts payable 10,089
Accrued expenses 726
Net cash used in operating activities (1,936)
Cash Flows from Financing Activities:  
Proceeds from note payable to related party 250,000
Offering costs paid (169,732)
Net cash provided by financing activities 80,268
Net change in cash 78,332
Cash - beginning of the period 25,000
Cash - end of the period 103,332
Supplemental disclosure of noncash activities:  
Offering costs included in accrued expenses 192,880
Offering costs included in accounts payable 89,386
Prepaid expenses included in accounts payable $ 120,233