Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited)

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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss attributable to Black Ridge Oil & Gas, Inc. $ (1,301,024) $ (1,164,604)
Adjustments to reconcile net loss attributable to Black Ridge Oil & Gas, Inc. to net cash provided by (used in) operating activities:    
Interest income (1,635,625) (1,046,102)
Unrealized loss (gain) on marketable securities held in Trust Account 1,522 (60,720)
Net income attributable to redeemable non-controlling interest 1,189,610 824,247
Depreciation and amortization 623 5,115
Common stock options issued to employees and directors 55,818 166,763
Deferred taxes (438) 17,452
Decrease (increase) in current assets:    
Accounts receivable (160) 1,037
Prepaid expenses (54,203) (29,852)
Increase (decrease) in current liabilities:    
Accounts payable (15,096) 1,358
Accrued expenses (4,237) (7,797)
Income taxes payable (364,737) 98,505
Net cash provided by (used in) operating activities (2,127,947) (1,194,598)
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchase of property and equipment (809) 0
Withdrawal from Trust Account for taxes and franchise fees 893,323 130,621
Net cash provided by investing activities 892,514 130,621
CASH FLOWS FROM FINANCING ACTIVITIES    
Net cash provided by (used in) financing activities 0 0
NET CHANGE IN CASH (1,235,433) (1,063,977)
CASH AT BEGINNING OF PERIOD 1,503,500 1,477,089
CASH AT END OF PERIOD 268,067 413,112
SUPPLEMENTAL INFORMATION:    
Interest paid 0 0
Income taxes paid $ 751,630 $ 127,269