XML 36 R26.htm IDEA: XBRL DOCUMENT v3.22.2.2
Fair Value of Financial Instruments (Tables)
9 Months Ended
Sep. 30, 2022
Fair Value Disclosures [Abstract]  
Schedule of Financial Assets and Liabilities Measured on Recurring Basis The following tables present financial assets and liabilities remeasured on a recurring basis by level within the fair value hierarchy:
September 30, 2022
Level 1Level 2Level 3
Liabilities:
  Notes payable$— $— $46,950 
  Private Warrants— — 130 
  Bridge Warrants— — 4,686 
December 31, 2021
Level 1Level 2Level 3
Liabilities:
  Notes payable$— $— $161,282 
  Private Warrants— — 642 
  Obligation to issue registered shares of Class A Common Stock— — 12,635 
Summary of Activity for Level 3 Fair Value Measurements
The following table summarizes the activity of Level 3 fair value measurements:
Bridge WarrantsNotes
Payable at
Fair Value
Private WarrantsObligation to Issue Registered Shares
Balance as of December 31, 2021
$— $161,282 $642 $12,635 
Additions6,971 44,500 — — 
Changes in fair value measurements(2,285)(4,549)(326)— 
Payments of notes payable, including Payment Premium— (87,065)— — 
Conversions of notes to common stock— (67,218)— — 
Reclassification of Private Warrants to Public Warrants— — (186)— 
Reclassification of obligation to issue registered shares upon adoption of ASC 2020-06— — (12,635)
Balance as of September 30, 2022
$4,686 $46,950 $130 $—