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Stockholders' Equity (Tables)
6 Months Ended
Jun. 30, 2022
Class of Stock [Line Items]  
Summary of Shares of Class A Common Stock Sold Under the ATM Agreement

The following table presents information with respect to shares of Class A common stock sold under the 2020 ATM Agreement during the periods indicated:

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Shares of Class A common stock sold

 

 

-

 

 

 

113,412

 

 

 

1,627,991

 

 

 

714,586

 

Total net proceeds

 

$

-

 

 

$

2,893

 

 

$

21,282

 

 

$

13,562

 

Commission paid

 

$

-

 

 

$

89

 

 

$

658

 

 

$

419

 

Summary of Assumptions Used to Calculate the Fair Value of Warrants

The following assumptions were used to calculate the fair value for the Private Placement Warrants and Series A Warrants:

 

 

Private Placement Warrants

 

Series A Warrants

As of June 30, 2022

 

 

 

 

Expected remaining life

 

1.4 years

 

3.4 years

Volatility rate

 

255.8%

 

255.8%

Risk-free interest rate

 

2.8%

 

3.0%

Expected dividend rate

 

0%

 

0%

 

 

 

 

 

As of December 31, 2021

 

 

 

 

Expected remaining life

 

1.9 years

 

3.9 years

Volatility rate

 

227.5%

 

227.5%

Risk-free interest rate

 

0.7%

 

1.1%

Expected dividend rate

 

0%

 

0%

RDO Investor Warrants And Placement Agent Warrants [Member]  
Class of Stock [Line Items]  
Summary of Assumptions Used to Calculate the Fair Value of Warrants The following assumptions were used to calculate the fair value for the RDO Investor Warrants and Placement Agent Warrants at issuance:

 

 

RDO Investor Warrants

 

 

Placement Agent
Warrants

 

Exercise price

 

$

10.578

 

 

$

13.2228

 

Contractual term

 

3.5 years

 

 

3.5 years

 

Volatility rate

 

80.0%

 

 

80.0%

 

Risk-free interest rate

 

1.9%

 

 

1.9%

 

Expected dividend rate

 

0%

 

 

0%