10-K Filing

HYCROFT MINING HOLDING CORP CIK: 1718405 FY 2018

Filing Information

Form Type	10-K
Accession Number	`0001144204-19-015791`
Period End Date	20181231
Filing Date	20190325
Fiscal Year	2018
Fiscal Period	FY
XBRL Instance	muds-20181231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 56 Income Statement 16 Cash Flow Statement 49 Stockholders Equity 13

Balance Sheet 56 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
Preferred Stock, Shares Authorized	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Cash	`Cash`	$24.95K	USD	Point-in-time
Cash	`Cash`	-	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
Cash	`Cash`	$535.95K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$52.30K	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
Prepaid expenses	`PrepaidExpenseCurrent`	-	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$588.24K	USD	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
Marketable securities held in Trust Account	`AssetsHeldInTrustNoncurrent`	$212.92M	USD	Point-in-time
Marketable securities held in Trust Account	`AssetsHeldInTrustNoncurrent`	-	USD	Point-in-time
Total Assets	`Assets`	$191.44K	USD	Point-in-time
Total Assets	`Assets`	$213.50M	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
Temporary Equity, Shares Outstanding	`TemporaryEquitySharesOutstanding`	0.00	shares	Point-in-time
Temporary Equity, Shares Outstanding	`TemporaryEquitySharesOutstanding`	19.85M	shares	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$201.39K	USD	Point-in-time
Temporary Equity, Redemption Price Per Share	`TemporaryEquityRedemptionPricePerShare`	$10.10	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndOtherAccruedLiabilitiesCurrent`	$533.00	USD	Point-in-time
Temporary Equity, Redemption Price Per Share	`TemporaryEquityRedemptionPricePerShare`	$10.10	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	-	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$555.45K	USD	Point-in-time
Accrued offering costs	`AccruedOfferingCostsCurrent`	-	USD	Point-in-time
Accrued offering costs	`AccruedOfferingCostsCurrent`	$25.00K	USD	Point-in-time
Promissory note related party	`NotesPayableRelatedPartiesClassifiedCurrent`	$143.70K	USD	Point-in-time
Promissory note related party	`NotesPayableRelatedPartiesClassifiedCurrent`	-	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$756.84K	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`	$8.04M	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; 19,848,325 and -0- shares as of December 31, 2018 and 2017, respectively (at redemption value of $10.10 per share)	`TemporaryEquityCarryingAmountAttributableToParent`	$200.47M	USD	Point-in-time
Common stock subject to possible redemption, $0.0001 par value; 19,848,325 and -0- shares as of December 31, 2018 and 2017, respectively (at redemption value of $10.10 per share)	`TemporaryEquityCarryingAmountAttributableToParent`	-	USD	Point-in-time
Preferred stock, $0.0001 par value; 1,000,000 shares authorized; no shares issued and outstanding as of December 31, 2018 and 2017	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.0001 par value; 1,000,000 shares authorized; no shares issued and outstanding as of December 31, 2018 and 2017	`PreferredStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$3.32M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$24.43K	USD	Point-in-time
Retained earnings (Accumulated deficit)	`RetainedEarningsAccumulatedDeficit`	$1.68M	USD	Point-in-time
Retained earnings (Accumulated deficit)	`RetainedEarningsAccumulatedDeficit`	$-2.78K	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$22.22K	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	-	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$5.00M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$213.50M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$191.44K	USD	Point-in-time

Income Statement 16 line items

Line Item	Tag	Value	Unit	Period
General and administrative expenses	`GeneralAndAdministrativeExpense`	$609.58K	USD	Annual
General and administrative expenses	`GeneralAndAdministrativeExpense`	$2.78K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-609.58K	USD	Annual
Loss from operations	`OperatingIncomeLoss`	$-2.78K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	-	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$8.30K	USD	Annual
Interest earned on marketable securities held in Trust Account	`InterestIncomeOther`	$2.84M	USD	Annual
Interest earned on marketable securities held in Trust Account	`InterestIncomeOther`	-	USD	1 Quarter
Other income	`NonoperatingIncomeExpense`	$2.84M	USD	Annual
Other income	`NonoperatingIncomeExpense`	-	USD	1 Quarter
Income (loss) before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.24M	USD	Annual
Income (loss) before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-2.78K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$555.45K	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$1.68M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-2.78K	USD	1 Quarter

Cash Flow Statement 49 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$1.68M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-2.78K	USD	1 Quarter
Interest earned on marketable securities held in Trust Account	`InterestIncomeOther`	$2.84M	USD	Annual
Interest earned on marketable securities held in Trust Account	`InterestIncomeOther`	-	USD	1 Quarter
Increase in promissory note related party	`IncreaseDecreaseInNotesPayableRelatedPartiesCurrent`	$2.20K	USD	1 Quarter
Increase in promissory note related party	`IncreaseDecreaseInNotesPayableRelatedPartiesCurrent`	-	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	-	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$52.30K	USD	Annual
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$533.00	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$200.86K	USD	Annual
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	-	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$555.45K	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-452.71K	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-55.00	USD	1 Quarter
Investment of cash in Trust Account	`PaymentsToAcquireInvestments`	-	USD	1 Quarter
Investment of cash in Trust Account	`PaymentsToAcquireInvestments`	$210.08M	USD	Annual
Investment of cash in Trust Account	`PaymentsToAcquireInvestments`	$8.08M	USD	Point-in-time
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-210.08M	USD	Annual
Proceeds from issuance of Class B common stock to Sponsor	`ProceedsFromIssuanceOfCommonStock`	$25.00K	USD	1 Quarter
Proceeds from issuance of Class B common stock to Sponsor	`ProceedsFromIssuanceOfCommonStock`	-	USD	Annual
Proceeds from sale of Units, net of underwriting fees paid	`ProceedsFromIssuanceInitialPublicOffering`	$203.84M	USD	Annual
Proceeds from sale of Units, net of underwriting fees paid	`ProceedsFromIssuanceInitialPublicOffering`	-	USD	1 Quarter
Proceeds from sale of Private Placement Warrants	`ProceedsFromIssuanceOfWarrants`	-	USD	1 Quarter
Proceeds from sale of Private Placement Warrants	`ProceedsFromIssuanceOfWarrants`	$7.74M	USD	Annual
Repayment of promissory note related party	`RepaymentsOfRelatedPartyDebt`	$242.33K	USD	Annual
Repayment of promissory note related party	`RepaymentsOfRelatedPartyDebt`	-	USD	1 Quarter
Payment of offering costs	`PaymentsOfFinancingCosts`	-	USD	1 Quarter
Payment of offering costs	`PaymentsOfFinancingCosts`	$293.95K	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$211.04M	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$25.00K	USD	1 Quarter
Net Change in Cash	`CashPeriodIncreaseDecrease`	$24.95K	USD	1 Quarter
Net Change in Cash	`CashPeriodIncreaseDecrease`	$511.00K	USD	Annual
Cash Beginning of period	`Cash`	$24.95K	USD	Point-in-time
Cash Beginning of period	`Cash`	-	USD	Point-in-time
Cash Beginning of period	`Cash`	$535.95K	USD	Point-in-time
Cash End of period	`Cash`	$24.95K	USD	Point-in-time
Cash End of period	`Cash`	-	USD	Point-in-time
Cash End of period	`Cash`	$535.95K	USD	Point-in-time
Deferred underwriting fees charged to additional paid in capital	`DeferredUnderwritingFeesChargedToAdditionalPaidInCapital`	-	USD	1 Quarter
Deferred underwriting fees charged to additional paid in capital	`DeferredUnderwritingFeesChargedToAdditionalPaidInCapital`	$7.28M	USD	Annual
Initial classification of common stock subject to possible redemption	`InitialClassificationOfCommonStockSubjectToPossibleRedemption`	-	USD	1 Quarter
Initial classification of common stock subject to possible redemption	`InitialClassificationOfCommonStockSubjectToPossibleRedemption`	$198.79M	USD	Annual
Deferred offering costs included in accrued offering costs	`LiabilitiesAssumed1`	$25.00K	USD	1 Quarter
Deferred offering costs included in accrued offering costs	`LiabilitiesAssumed1`	-	USD	Annual
Payment of deferred offering costs and expenses by Sponsor	`DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction`	$240.13K	USD	Annual
Payment of deferred offering costs and expenses by Sponsor	`DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction`	$141.50K	USD	1 Quarter
Increase Decrease In Value of Common Stock Subject To Possible Redemption	`IncreaseDecreaseInValueOfCommonStockSubjectToPossibleRedemption`	$1.68M	USD	Annual
Increase Decrease In Value of Common Stock Subject To Possible Redemption	`IncreaseDecreaseInValueOfCommonStockSubjectToPossibleRedemption`	-	USD	1 Quarter

Stockholders Equity 13 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$22.22K	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	-	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$5.00M	USD	Point-in-time
Issuance of Class B common stock to Sponsor	`StockIssuedDuringPeriodValueNewIssues`	$25.00K	USD	1 Quarter
Sale of 20,800,000 Units, net of underwriting discounts and offering expenses	`StockIssuedDuringPeriodValueOther`	$196.03M	USD	Annual
Sale of 7,740,000 Private Placement Warrants	`AdjustmentsToAdditionalPaidInCapitalWarrantIssued`	$7.74M	USD	Annual
Forfeiture of founder shares	`StockIssuedDuringThePeriodValueSharesForfeited`	-	USD	Annual
Common stock subject to redemption	`StockIssuedDuringThePeriodValueCommonStockSubjectToRedemption`	$-200.47M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$1.68M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-2.78K	USD	1 Quarter
Ending Balance	`StockholdersEquity`	$22.22K	USD	Point-in-time
Ending Balance	`StockholdersEquity`	-	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$5.00M	USD	Point-in-time

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