XML 47 R36.htm IDEA: XBRL DOCUMENT v3.21.2
Stockholders' Equity / (Deficit) (Tables)
 9 Months Ended
Sep. 30, 2021
Stock Options [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Assumptions Used to Estimate the Fair Value of Stock Options
The following table presents the assumptions used to estimate the fair value of the stock options as of the Grant Date:

   
Assumptions
  
   
Stock options granted
on June 11, 2021
    
Stock options granted
on August 24, 2021
    
Stock options granted
on August 31, 2021
  
Expected volatility
    
50.0
%
    
60.7
%
    
65.7
%
Risk-free rate
    
1.0
%
    
1.0
%
    
1.0
%
Time to maturity
  
6.075 years
   
6.25 years
   
6.25 years
 
Activities for Unvested Stock
The following table summarizes the activities for our unvested stock options for the nine months ended September 30, 2021:

   
Unvested Shares
  
   
Number of Shares
    
Grant Date
Fair Value
  
Unvested as of December 31, 2020
    
-
    
$

 
Granted on June 11, 2021
    
1,959,500
    
$
5.04
  
Granted on August 24, 2021     230,529     $ 4.32  
Granted on August 31, 2021     457,133     $ 4.45  
Unvested as of September 30, 2021
    
2,647,162
    


 
Stock Options [Member] | 2021 Equity Incentive Plan [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Activities for Unvested Stock Stock options have been granted as follows:

Grant date
  
Number of shares
    
Strike price
  
June 11, 2021
    
1,959,500
    
$
10.36
  
August 24, 2021
    
230,529
    
$
7.62
  
August 31, 2021
    
457,133
    
$
7.40
  
Unvested Restricted Stock Units [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Activities for Unvested Stock
The following table summarizes the activities for our unvested restricted stock units ("RSUs") for the nine months ended September 30, 2021:

   
Unvested Restricted Stock Units
  
   
Number of Shares
    
Grant Date
Fair Value
  
Unvested as of December 31, 2020
    
-
    


 
Granted on June 11, 2021
    
2,036,716
    
$
10.36
  
Granted on August 24, 2021     230,529     $ 7.62  
Granted on August 31, 2021
    457,122     $
7.40  
Unvested as of September 30, 2021
    
2,724,367
    

 
Unvested Restricted Stock Awards [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Activities for Unvested Stock
The following table summarizes the activities for our unvested restricted stock awards for the nine months ended September 30, 2020:

   
Unvested Restricted Stock
Awards
  
   
Number of Shares
    
Grant Date
Fair Value
  
Unvested as of December 31, 2019
    
-
    
$
-
  
Granted
    
2,173,702
    
$
0.40
  
Unvested as of September 30, 2020
    
2,173,702
    
$
0.40