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Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2021
Fair Value Disclosures [Abstract]  
Schedule of assumptions used in warrants' fair value

 

    2020      

2019

 

 

               
Volatility
   

65.23

%     48.50 %

Risk-free interest rate

    0.09 %     1.39 %

Dividend yield

    - %     - %

Expected life (years)

    0.405       1.5  
Schedule of assets and liabilities measured at fair value
 
   
December 31, 2020
 
   
Level 1
   
Level 2
   
Level 3
   
Total
 
                         
Warrants to purchase preferred and common stock
 
$
-
   
$
-
   
$
56,780
   
$
56,780
 
Schedule of fair value measurement using significant unobservable inputs
   

Year ended December 31,

 
   

2021

   

2020

    2019  

 

                       

Balance at January 1

  $ 56,780     $ 17,111     $

11,811

 

Issuance of warrants

    -       1,221       -  

Reclassification of warrant to common stocks to equity

    -       (3,057 )     -  

Reclassification of warrant to preferred stocks to mezzanine equity

    (1,149 )     -       -  

Change in fair value of warrants

    15,046       41,505       5,300  

Conversion of warrants to common stock upon initial public offering

    (70,677 )     -      

-

 

 

                       

Balance at December 31

  $ -     $ 56,780     $ 17,111