Common Stock (Tables)

6 Months Ended

12 Months Ended

Jun. 30, 2022

Dec. 31, 2021

Stockholders' Equity Note [Abstract]

Summary of Stock by Class

	February 8, 2022 (Closing Date)
	Preferred Stock Shares		Exchange Ratio		Common Stock Shares
Series Seed Convertible Preferred Stock (Legacy Quanergy)		2,231,248		3.8799		8,657,100
Series Seed-2 Convertible Preferred Stock (Legacy Quanergy)		495,417		3.8799		1,922,184
Series A Convertible Preferred Stock (Legacy Quanergy)		3,233,871		3.8799		12,547,237
Series A Plus Convertible Preferred Stock (Legacy Quanergy)		790,500		3.8799		3,067,096
Series B Convertible Preferred Stock (Legacy Quanergy)		778,839		11.5423		8,989,588
Series C Convertible Preferred Stock (Legacy Quanergy)		165,237		14.3118		2,364,817
Total		7,695,112				37,548,022

Summary of common stock warrants outstanding to purchase shares of common stock

As of June 30, 2022, the Company had the following common stock warrants outstanding to purchase shares of the Company’s common stock:

	Shares		Exercise Price		Expiration
Public Warrants		13,799,988	$	11.50		February 2027
Private Placement Warrants		7,520,000		11.50		February 2027
GEM Warrants		3,397,923		10.00		February 2025
2023 Notes Warrants		5,285,636		0.01		March 2025
Total		30,003,547

As of December 31, 2021, the Company had the following common stock warrants outstanding to purchase shares of the Company’s common stock (in thousands, except for share and per share amounts):

	Date of Issue	Shares		Exercise Price		Fair Value at Issuance, Net		Expiration
February 2021			6,298,304	$	0.01	$	21,971		March 24, 2025
March, August and October 2020			3,527,241	$	0.01		7,212		March 24, 2025
Total			9,825,545			$	29,183

Summary of Fair Value Measurements Inputs

The following assumptions were used to calculate the fair value of the common stock warrants issued:

Expected term	3.0 years
Expected volatility	42.9%
Risk-free interest rate	0.18%-0.41%
Expected dividends	0.0%

Summary of common stock shares reserved for future issuance

The Company has reserved shares of common stock for issuance related to the following stock options, warrants, restricted stock units (“RSUs”) and future grants:

	As of December 31,
	2021			2020
Common stock warrants		12,325,545			3,536,257
Stock options and RSUs, issued and outstanding		15,257,453			10,167,927
Common stock authorized for future issuance		(493	)		874,144
		27,582,505			14,578,328