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		0.1940		432,831
Series Seed-2 Convertible Preferred Stock (Legacy Quanergy)		495,417		0.1940		96,101
Series A Convertible Preferred Stock (Legacy Quanergy)		3,233,871		0.1940		627,352
Series A Plus Convertible Preferred Stock (Legacy Quanergy)		790,500		0.1940		153,352
Series B Convertible Preferred Stock (Legacy Quanergy)		778,839		0.5771		449,474
Series C Convertible Preferred Stock (Legacy Quanergy)		165,237		0.7155		118,224
Total		7,695,112				1,877,334

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		689,999	$	230.00		February 2027
Private Placement Warrants		376,000		230.00		February 2027
GEM Warrants		169,896		200.00		February 2025
2023 Notes Warrants		264,270		0.20		March 2025
Total		1,500,165

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			314,901	$	0.20	$	21,971		March 24, 2025
March, August and October 2020			176,358	$	0.20		7,212		March 24, 2025
Total			491,259			$	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		616,259			176,808
Stock options and RSUs, issued and outstanding		762,642			508,211
Common stock authorized for future issuance		(25	)		43,707
		1,378,876			728,726