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Redeemable Convertible Preferred Stock Warrants (Table)
9 Months Ended
Sep. 30, 2021
Class Of Stock [Line Items]  
Summary of Outstanding Redeemable Convertible Preferred Stock Warrants

A summary of the outstanding redeemable convertible preferred stock warrants is as follows (in thousands, except per share and share amounts):

 

 

 

 

 

 

September 30, 2021

 

 

 

 

 

 

 

Exercise
price per
share

 

 

 

Shares

 

 

 

Fair
value of
liability

 

 

 

Expiration
date

Series D redeemable convertible preferred stock warrants

 

$

 

11.31

 

 

 

 

77,842

 

 

$

 

577

 

 

 

June 2029

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

Exercise
price per
share

 

 

 

Shares

 

 

 

Fair
value of
liability

 

 

 

Expiration
date

Series D redeemable convertible preferred stock warrants

 

$

 

11.31

 

 

 

 

77,842

 

 

$

 

42

 

 

 

June 2029

Schedule of Fair Value of Stock Options Estimated Using Weighted-Average Assumptions The fair value of stock options was estimated using the following weighted-average assumptions:

 

 

 

Nine Months Ended September 30,

 

 

2021

 

2020

Expected volatility

 

72.9%-75.9%

 

61.6% - 75.2%

Risk-free interest rate

 

0.6%-1.1%

 

0.3%-0.7%

Dividend yield

 

0%

 

0%

Expected term

 

5-6.1 years

 

5-6.1 years

Series D Redeemable Convertible Preferred Stock Warrants  
Class Of Stock [Line Items]  
Schedule of Fair Value of Stock Options Estimated Using Weighted-Average Assumptions

The redeemable convertible preferred stock warrant liability was valued using the following assumptions under the Black-Scholes option-pricing model:

 

 

 

September 30, 2021

 

December 31, 2020

Expected dividends

 

0%

 

0%

Expected volatility

 

51.3% -55.0%

 

48.2% -52.4%

Risk-free interest rate

 

1.1% -1.4%

 

0.6% -0.8%

Expected warrant life

 

5.6-7.8 years

 

6.4-8.6 years