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Summary of Significant Accounting Policies (Tables)
6 Months Ended 8 Months Ended
Jul. 31, 2021
Jun. 30, 2021
Dec. 31, 2020
Sep. 30, 2021
Summary of Property Plant And Equipment Abstract
Property and equipment, net consisted of the following:
 
    
July 31, 2021
    
January 31, 2021
 
Computer equipment
   $ 4,762      $ 1,642  
Less: accumulated depreciation
     (668      (5
    
 
 
    
 
 
 
Property and equipment, net
   $ 4,094      $ 1,637  
    
 
 
    
 
 
 
   
Property and equipment, net consisted of the following:
 
    
September 30,
2021
    
January 31,
2021
 
Computer equipment
   $ 23,761      $ 1,642  
Construction-in-progress
     108,118        —    
Less: accumulated depreciation
     (1,427      (5
  
 
 
    
 
 
 
Property and equipment, net
   $ 130,451      $ 1,637  
  
 
 
    
 
 
 
GOOD WORKS ACQUISITION CORP. [Member]        
Schedule of fair values of cash and cash equivalents, prepaid assets, accounts payable and accrued expenses are estimated to approximate the carrying values  
 
The fair value of the Company’s certain assets and liabilities, which qualify as financial instruments under ASC 820, “Fair Value Measurements and Disclosures,” approximates the carrying amounts represented in the condensed consolidated balance sheet as of June 30, 2021 and the balance sheet as of December 31, 2020. The fair values of cash and cash equivalents, prepaid assets, accounts payable and accrued expenses are estimated to approximate the carrying values as of June 30, 2021 and December 31, 2020 due to the short maturities of such instruments.
 
     
                              
     
                              
     
                              
     
                              
 
 
  
Fair Value Measured as of June 30, 2021
 
 
  
Level 1
 
  
Level 2
 
  
Level 3
 
  
Total
 
Assets:
  
     
  
     
  
     
  
     
U.S. Money Market held in Trust Account
  $ 170,032,591     $ —       $ —       $ 170,032,591  
   
 
 
   
 
 
   
 
 
   
 
 
 
    $ 170,032,591     $ —       $ —       $ 170,032,591  
   
 
 
   
 
 
   
 
 
   
 
 
 
 
 
   
Fair Value Measured as of June 30, 2021
 
   
Level 1
   
Level 2
   
Level 3
   
Total
 
Liabilities:
                               
Private stock warrant liabilities
  $     $ —       $ 199,402     $ 199,402  
   
 
 
   
 
 
   
 
 
   
 
 
 
    $     $ —       $ 199,402     $ 199,402  
   
 
 
   
 
 
   
 
 
   
 
 
 
 
     
                              
     
                              
     
                              
     
                              
 
 
  
Fair Value Measured as of December 31, 2020
 
 
  
Level 1
 
  
Level 2
 
  
Level 3
 
  
Total
 
Assets:
  
     
  
     
  
     
  
     
U.S. Money Market held in Trust
Account
   $ 203      $      $      $ 203  
U.S. Treasury Securities held in Trust Account
     170,027,139        —          —          170,027,139  
    
 
 
    
 
 
    
 
 
    
 
 
 
     $ 170,027,342      $ —        $ —        $ 170,027,342  
    
 
 
    
 
 
    
 
 
    
 
 
 
Liabilities:
                                   
Private stock warrant liabilities
   $      $      $ 123,070      $ 123,070  
    
 
 
    
 
 
    
 
 
    
 
 
 
     $      $      $ 123,070      $ 123,070  
    
 
 
    
 
 
    
 
 
    
 
 
 
 
  
Fair Value Measured as of December 31, 2020
 
 
  
Level 1
 
  
Level 2
 
  
Level 3
 
  
Total
 
Assets:
  
     
  
     
  
     
  
     
U.S. Money Market held in Trust Account
   $ 203     
$
—  
 
  
$
—  
 
   $ 203  
U.S. Treasury Securities held in Trust Account
     170,027,139        —          —          170,027,139  
    
 
 
    
 
 
    
 
 
    
 
 
 
    
$
170,027,342
 
  
$
—  
 
  
$
—  
 
  
$
170,027,342
 
    
 
 
    
 
 
    
 
 
    
 
 
 
Liabilities:
                                   
Private stock warrant liabilities (Restated)
   $ —        $ —        $ 123,070      $ 123,070  
    
$
—  
 
  
$
—  
 
  
$
123,070
 
  
$
123,070
 
    
 
 
    
 
 
    
 
 
    
 
 
 
 
Schedule of estimated fair value of public warrants was determined by public trading price and private placement warrants was determined using a Black Scholes valuation model using Level 3 inputs  
 
  
As of

December 31,

2020
 
 
As of

June 30

2021
 
Exercise price
   $ 11.50     $ 11.50  
Stock price
     9.95       9.95  
Volatility
     18.40     23.8
Probability of completing a business combination
     88.30     90
Term
     5.42       5.17  
Risk-free rate
     0.42     0.90
Dividend yield
     0.00     0.00
 
 
  
At Issuance
 
 
As of

December 31,

2020
 
Exercise price
   $ 11.50     $ 11.50  
Stock price
   $ 9.40     $ 9.95  
Volatility
     23.0     18.4
Probability of completing a Business Combination
     88.3     88.3
Term
     5.61       5.42  
Risk-free rate
     0.42     0.42
Dividend yield
     0.0     0.0
 
Schedule of changes in the fair value of the private placement Warrants, a Level 3 liability, measured on a recurring basis  
The following table presents a summary of the changes in the fair value of the Private Warrants, a Level 3 liability, measured on a recurring basis.
 
Warrant liabilities at January 1, 2021
   $ 123,070  
Change in fair value of warrant liabilities
     110,872  
    
 
 
 
Warrant liabilities at March 31, 2021
   $ 233,942  
Change in fair value of warrant liabilities
     (34,540
    
 
 
 
Warrant liabilities at June 30, 2021
   $ 199,402  
    
 
 
 
 
Warrant liabilities at June 24, 2020 (inception)
   $ —    
Issuance of private warrants
     142,353  
Change in fair value of warrant liabilities
     (19,283
    
 
 
 
Warrant liabilities at December 31, 2020
   $ 123,070  
    
 
 
 
 
Schedule of basic and diluted net income per common share  
The following table reflects presents a reconciliation of the numerator and denominator used to compute basic and diluted net income (loss) per share of redeemable and
non-redeemable
common stock:
 
 
  
For the Three Months
 
  
For the Six Months
 
 
  
ended June 30, 2021
 
  
ended June 30, 2021
 
 
  
Redeemable
 
  
Non-redeemable
 
  
Redeemable
 
  
Non-redeemable
 
Basic and diluted net loss per share:
  
     
  
     
  
     
  
     
Numerator:
  
     
  
     
  
     
  
     
Allocation of net loss
  
$
(825,915
  
$
(217,556
  
$
(1,629,700
  
$
(429,282
Denominator:
  
     
  
     
  
     
  
     
Basic and diluted weighted average shares outstanding
  
 
17,000,000
 
  
 
4,478,000
 
  
 
17,000,000
 
  
 
4,478,000
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
Basic and diluted net loss per share
  
$
(0.05
  
$
(0.05
  
$
(0.10
  
$
(0.10
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
The following table reflects presents a reconciliation of the numerator and denominator used to compute basic and diluted net income (loss) per share of redeemable and
non-redeemable
common stock:
 
 
  
For the Period from
June 24, 2020 (Inception)
Through December 31, 2020
 
 
  
Redeemable
 
  
Non-redeemable
 
Basic and diluted net loss per share:
  
     
  
     
Numerator:
  
     
  
     
Allocation of net loss
  
$
(66,969
  
$
(40,062
Denominator:
  
     
  
     
Basic and diluted weighted average shares outstanding
  
 
6,711,864
 
  
 
4,015,186
 
 
  
 
 
 
  
 
 
 
Basic and diluted net loss per share
  
 
$ (0.01
  
 
$ (0.01