Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2023

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Fair Value of Financial Assets and Liabilities

The following tables present information about the fair value of the Company’s financial assets and liabilities as of June 30, 2023 and December 31, 2022 and indicate the level of the fair value hierarchy utilized to determine such fair values:

	Fair Value Measurements as of June 30, 2023 Using:
	Level 1		Level 2		Level 3		Total
Assets:
Money market mutual funds	$	36,265	$	—	$	—	$	36,265
	$	36,265	$	—	$	—	$	36,265
Liabilities:
Warrant liability	$	—	$	—	$	20,305	$	20,305
Embedded derivatives		—		—		1,240		1,240
	$	—	$	—	$	21,545	$	21,545

	Fair Value Measurements as of December 31, 2022 Using:
	Level 1		Level 2		Level 3		Total
Assets:
Certificates of deposit—restricted cash	$	—	$	1,013	$	—	$	1,013
Money market mutual funds		90,984		—		—		90,984
	$	90,984	$	1,013	$	—	$	91,997

Warrant Liability

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Schedule of Key Inputs into Valuation Models

The key inputs into the valuation models were as follows:

	Three Months Ended
	June 30, 2023
Risk-free interest rate	3.9%
Correlated random variable	(0.3)
Expected volatility - revenue	45.0%
Expected volatility - equity	90.0%
Vesting dates	6/15/2023 1/1/2024 1/1/2025
Simulated stock price	$1.01

Embedded Derivatives

Fair Value Measurement Inputs and Valuation Techniques [Line Items]

Schedule of Key Inputs into Valuation Models

The key inputs into the valuation models for both the with and without were as follows:

	Three Months Ended
	June 30, 2023
Risk-free interest rate	3.9%
Correlated random variable	(0.3)
Expected volatility - revenue	45.0%
Expected volatility - equity	90.0%
Revenue discount rate	11.3%
Discount rate	17.0%