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Fair Value Measurements (Tables)
 12 Months Ended
Dec. 31, 2022
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis
The following table classifies the Company’s assets and liabilities measured at fair value on a recurring basis into the fair value hierarchy as of December 31, 2022 and 2021 (in thousands):
Fair valued measured at December 31, 2022
Quoted
prices in
active
markets
(Level 1)		Significant
other
observable
inputs
(Level 2)		Significant
unobservable
inputs
(Level 3)		Total
Financial assets at fair value:
Cash and cash equivalents
Money market securities$50,010 $— $— $50,010 
Total financial assets at fair value$50,010 $— $— $50,010 

Fair valued measured at December 31, 2021
Quoted
prices in
active
markets
(Level 1)		Significant
other
observable
inputs
(Level 2)		Significant
unobservable
inputs
(Level 3)		Total
Financial liabilities at fair value:
Warrant liabilities$— $— $3,548 $3,548 
Total financial liabilities at fair value$— $— $3,548 $3,548 
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
The following table presents changes in Level 3 liabilities measured at fair value (in thousands) for the years ended December 31, 2022, 2021 and 2020. Unobservable inputs were used to determine the fair value of positions that the Company has classified within the Level 3 category.
 Derivative - Convertible Notes Profits Interests Sold Embedded Put Option Warrant
 liabilities
Fair value at December 31, 2019
$1,203 $1,971 $376 $24 
Change in fair value(206)(1,971)(220)83,338 
Additions3,583 — 172 50,743 
Redemption(4,580)— (328)(97,884)
Reclassification of warrant liabilities— — — (13,535)
Fair value at December 31, 2020— — — 22,686 
Change in fair value— — — (2,659)
Redemption— — — (16,479)
Fair value at December 31, 2021— — — 3,548 
Change in fair value— — — 1,701 
Redemption— — — (5,249)
Fair value at December 31, 2022$— $— $— $— 
Fair Value Measurement Inputs and Valuation Techniques Significant inputs into the valuation models included the control premium, discount rate, and revenue market multiples as follows:
December 31, 2022
Control premium35%
Discount rate31%
Revenue multiples
0.34x - 0.52x
The Company used a Black-Scholes model to estimate the fair value of the warrant liabilities at December 31, 2021 using the following inputs:
December 31, 2021
Fair value of underlying common shares$15.52 
Exercise price$9.25 
Expected dividend yield— %
Expected volatility
50.9% - 52.8%
Weighted average expected volatility52.7 %
Risk free interest rate
0.06% - 0.06%
Weighted average risk-free interest rate0.06 %
Expected term (years)
0.14 - 0.15
Weighted average expected term (years)0.14