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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

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September 30, 2022

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February 3, 2022
(Closing Date)

Stock price

$

4.88

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$

7.68

Expected volatility

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82.0%

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81.0%

Risk free rate

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4.05%

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1.63%

Contractual term (in years)

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4.3

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5.0

Expected dividends

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0%

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0%

Schedule of the reconciliation of the Sponsor Earn-Out liability

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(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

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