10-Q Filing

HYCROFT MINING HOLDING CORP CIK: 1718405 Q1 2018

Filing Information

Form Type	10-Q
Accession Number	`0001144204-18-028224`
Period End Date	20180331
Filing Date	20180514
Fiscal Year	2018
Fiscal Period	Q1
XBRL Instance	muds-20180331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 54 Income Statement 8 Cash Flow Statement 21

Balance Sheet 54 line items

Line Item	Tag	Value	Unit	Period
Preferred Stock, Par or Stated Value Per Share	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred Stock, Par or Stated Value Per Share	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred Stock, Shares Authorized	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Cash	`Cash`	$24.95K	USD	Point-in-time
Preferred Stock, Shares Authorized	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Cash	`Cash`	$835.63K	USD	Point-in-time
Preferred Stock, Shares Issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred Stock, Shares Issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	-	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$97.53K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$933.16K	USD	Point-in-time
Preferred Stock, Shares Outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred Stock, Shares Outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$24.95K	USD	Point-in-time
Deferred offering costs	`DeferredOfferingCosts`	$166.50K	USD	Point-in-time
Deferred offering costs	`DeferredOfferingCosts`	-	USD	Point-in-time
Cash and marketable securities held in Trust Account	`AssetsHeldInTrustNoncurrent`	-	USD	Point-in-time
Cash and marketable securities held in Trust Account	`AssetsHeldInTrustNoncurrent`	$210.19M	USD	Point-in-time
Total Assets	`Assets`	$211.12M	USD	Point-in-time
Total Assets	`Assets`	$191.44K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$50.45K	USD	Point-in-time
Temporary Equity, Par or Stated Value Per Share	`TemporaryEquityParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Temporary Equity, Par or Stated Value Per Share	`TemporaryEquityParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$533.00	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$13.06K	USD	Point-in-time
Temporary Equity, Shares Outstanding	`TemporaryEquitySharesOutstanding`	19.68M	shares	Point-in-time
Temporary Equity, Shares Outstanding	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	-	USD	Point-in-time
Accrued offering costs	`AccruedOfferingCostsCurrent`	$25.00K	USD	Point-in-time
Accrued offering costs	`AccruedOfferingCostsCurrent`	-	USD	Point-in-time
Temporary Equity, Redemption Price Per Share	`TemporaryEquityRedemptionPricePerShare`	$10.10	USD	Point-in-time
Temporary Equity, Redemption Price Per Share	`TemporaryEquityRedemptionPricePerShare`	$10.10	USD	Point-in-time
Promissory note - related party	`NotesPayableRelatedPartiesClassifiedCurrent`	-	USD	Point-in-time
Promissory note - related party	`NotesPayableRelatedPartiesClassifiedCurrent`	$143.70K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$63.51K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$169.23K	USD	Point-in-time
Deferred underwriting fees	`DeferredUnderwritingFeesNoncurrent`	-	USD	Point-in-time
Deferred underwriting fees	`DeferredUnderwritingFeesNoncurrent`	$7.28M	USD	Point-in-time
Total Liabilities	`Liabilities`	$7.34M	USD	Point-in-time
Total Liabilities	`Liabilities`	$169.23K	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock subject to possible redemption, $0.0001 par value; 19,681,326 and -0- shares as of March 31, 2018 and December 31, 2017, respectively (at redemption value of $10.10 per share)	`TemporaryEquityCarryingAmountAttributableToParent`	$198.78M	USD	Point-in-time
Common stock subject to possible redemption, $0.0001 par value; 19,681,326 and -0- shares as of March 31, 2018 and December 31, 2017, respectively (at redemption value of $10.10 per share)	`TemporaryEquityCarryingAmountAttributableToParent`	-	USD	Point-in-time
Preferred Stock, Value, Issued	`PreferredStockValue`	-	USD	Point-in-time
Preferred Stock, Value, Issued	`PreferredStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$24.43K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$5.01M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-2.78K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-9.52K	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$22.22K	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$5.00M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY	`LiabilitiesAndStockholdersEquity`	$211.12M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY	`LiabilitiesAndStockholdersEquity`	$191.44K	USD	Point-in-time

Income Statement 8 line items

Line Item	Tag	Value	Unit	Period
General and administrative expenses	`GeneralAndAdministrativeExpense`	$105.86K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-105.86K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$452.00	USD	1 Quarter
Interest earned on marketable securities held in Trust Account	`InterestIncomeOther`	$111.74K	USD	1 Quarter
Other income	`NonoperatingIncomeExpense`	$112.19K	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$6.33K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$13.06K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-6.73K	USD	1 Quarter

Cash Flow Statement 21 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-6.73K	USD	1 Quarter
Interest earned on marketable securities held in Trust Account	`InterestIncomeOther`	$111.74K	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$97.53K	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$49.91K	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$13.06K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-153.03K	USD	1 Quarter
Investment of cash in Trust Account	`PaymentsToAcquireInvestments`	$8.08M	USD	Point-in-time
Investment of cash in Trust Account	`PaymentsToAcquireInvestments`	$210.08M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-210.08M	USD	1 Quarter
Proceeds from sale of Units, net of underwriting fees paid	`ProceedsFromIssuanceOfCommonStock`	$203.84M	USD	1 Quarter
Proceeds from sale of Private Placement Warrants	`ProceedsFromIssuanceOfWarrants`	$7.74M	USD	1 Quarter
Repayment of promissory note - related party	`RepaymentsOfRelatedPartyDebt`	$242.33K	USD	1 Quarter
Payment of offering costs	`PaymentsOfFinancingCosts`	$293.95K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$211.04M	USD	1 Quarter
Net Change in Cash	`CashPeriodIncreaseDecrease`	$810.69K	USD	1 Quarter
Cash - Beginning	`Cash`	$24.95K	USD	Point-in-time
Cash - Beginning	`Cash`	$835.63K	USD	Point-in-time
Cash - Ending	`Cash`	$24.95K	USD	Point-in-time
Cash - Ending	`Cash`	$835.63K	USD	Point-in-time
Deferred underwriting fees charged to additional paid in capital	`DeferredUnderwritingFeesChargedToAdditionalPaidInCapital`	$7.28M	USD	1 Quarter
Payment of deferred offering costs and expenses by Sponsor	`DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction`	$240.13K	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.