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Fair Value of Financial Instruments (Tables)
6 Months Ended
Jun. 30, 2022
Fair Value Disclosures [Abstract]  
Schedule of liabilities at fair value on a recurring basis
The following tables present information about the Company’s liabilities that are measured at fair value on a recurring basis as of June 30, 2022 and December 31, 2021, as well as indicate the fair value hierarchy level of the valuation techniques and inputs that the Company utilized to determine such fair value:
June 30, 2022Quoted Prices in Active MarketsSignificant Other Observable InputSignificant Other Unobservable Inputs
(Level 1)(Level 2)(Level 3)
(in thousands)
Liabilities
Public Warrants$6,483 $— $— 
Private Placement Warrants— — 3,663 
Sponsor Shares— — 3,285 
$6,483 $— $6,948 
December 31, 2021Quoted Prices in Active MarketsSignificant Other Observable InputSignificant Other Unobservable Inputs
(Level 1)(Level 2)(Level 3)
(in thousands)
Liabilities
Public Warrants$8,697 $— $— 
Private Placement Warrants— — 3,496 
Sponsor Shares— — 4,732 
$8,697 $— $8,228 
Schedule of change sin the fair value of Level 3 liabilities The following is a summary of changes in the fair value of the Level 3 liabilities during the six months ended June 30, 2022:
Sponsor SharesPrivate Placement Warrants
(in thousands)
Balance, January 1, 2022$4,732 $3,496 
(Gain) loss from changes in fair value(1,447)167 
Balance, June 30, 2022$3,285 $3,663