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Sponsor Earn-Out Liability (Tables)
9 Months Ended
Sep. 30, 2022
Contingent Liability [Abstract]  
Schedule of key inputs into the Monte Carlo simulation model for the Sponsor Earn-Out liability

September 30, 2022

February 3, 2022
(Closing Date)

Stock price

$

4.88

$

7.68

Expected volatility

82.0%

81.0%

Risk free rate

4.05%

1.63%

Contractual term (in years)

4.3

5.0

Expected dividends

0%

0%

Schedule of the reconciliation of the Sponsor Earn-Out liability

(in thousands)

Balance as of December 31, 2021

$

Additions during the period

  

36,393

Change in fair value

  

(16,400)

Balance as of September 30, 2022

$

19,993