XML 84 R71.htm IDEA: XBRL DOCUMENT v3.22.1
Warrants - Additional Information (Detail) - USD ($)
12 Months Ended
Sep. 10, 2021
Aug. 25, 2021
Dec. 31, 2021
Dec. 31, 2020
Dec. 22, 2021
Jul. 12, 2021
Dec. 23, 2020
Dec. 31, 2016
Class Of Warrant Or Right [Line Items]                
Exchange of preferred stock warrants for common stock warrants     $ 2,975,000 $ 496,000        
Fair value of warrants       2,433,000        
Warrants assumed as part of Business Combination     $ 58,227,000 $ 0   $ 6,514,000    
Fair value per share of common stock     $ 0 $ 1.41        
Series C Preferred Stock [Member]                
Class Of Warrant Or Right [Line Items]                
Class of warrant or right number of securities called by warrants or rights               118,591
Warrants exercise price               $ 0.25
Exercise price of warrants or rights               $ 0.25
Warrants to purchase vested       86,973        
Series D Preferred Stock [Member]                
Class Of Warrant Or Right [Line Items]                
Class of warrant or right number of securities called by warrants or rights               699,388
Warrants exercise price               $ 2.10
Exercise price of warrants or rights               $ 2.10
Warrants to purchase vested       512,885        
Common Class A [Member]                
Class Of Warrant Or Right [Line Items]                
Warrants for Redemption Description     Redemption of warrants when the price per common share equals or exceeds $18.00. Once the warrants become exercisable, the Company may redeem the outstanding warrants (except as described with respect to the Private Warrants): •in whole and not in part; •at a price of $0.01 per warrant; •upon a minimum of 30 days’ prior written notice of redemption to each warrant holder; and •if, and only if, the closing price of the common shares equals or exceeds $18.00 per share (as adjusted) for any 20 trading days within a 30-trading day period ending three trading days before the Company sends the notice of redemption to the warrant holders.          
Fair value per share of common stock     $ 18.00          
Legacy Rocket Lab common stock warrants [Member]                
Class Of Warrant Or Right [Line Items]                
Class of warrant or right number of securities called by warrants or rights 585,399              
Class of warrants and rights issued during the period 575,840              
Legacy Rocket Lab preferred stock warrants [Member]                
Class Of Warrant Or Right [Line Items]                
Warrants exercise price $ 0.20              
Exchange of preferred stock warrants for common stock warrants     $ 1,466,000          
Exercise price of warrants or rights $ 0.20              
Class of warrants and rights issued during the period 303,047              
Class of warrant or right, outstanding 305,981              
Warrants assumed as part of Business Combination $ 2,975,000              
Public Warrants [Member]                
Class Of Warrant Or Right [Line Items]                
Warrants exercise price   $ 2.96 $ 3.58   $ 0.2843      
Exercise price of warrants or rights   $ 2.96 $ 3.58   0.2843      
Warrants assumed as part of Business Combination   $ 48,149,000            
Number of securities called by each warrant or right   0            
Class of warrant or right, date from which warrants or rights exercisable   Sep. 29, 2021            
Warrants and rights outstanding, term   5 years            
Public and Private Warrants [Member]                
Class Of Warrant Or Right [Line Items]                
Warrants exercise price         0.2843      
Exercise price of warrants or rights         0.2843      
Redemption Price         0.10      
Private Placement Warrants [Member]                
Class Of Warrant Or Right [Line Items]                
Warrants assumed as part of Business Combination     $ 58,227,000          
Private Placement [Member] | Common Class A [Member]                
Class Of Warrant Or Right [Line Items]                
Warrants for Redemption Description     Redemption of warrants when the price per common share equals or exceeds $10.00. Once the warrants become exercisable, the Company may redeem the outstanding warrants (except as described with respect to the Private Warrants): •in whole and not in part: •at a price of $0.10 per warrant upon a minimum of 30 days’ prior written notice of redemption provided that holders will be able to exercise their warrants on a cashless basis prior to redemption and receive that number of shares set forth in the warrant agreement determined based on the redemption date and the fair market value of the common shares; •if, and only if, the closing price of the common shares equals or exceeds $10.00 per share (as adjusted) for any 20 trading days within the 30-trading day period ending three trading days before the Company sends the notice of redemption to the warrant holders; and •if the closing price of the common shares for any 20 trading days within a 30-trading day period ending on the third trading day prior to the date on which the Company sends the notice of redemption to the warrant holders is less than $18.00 per share (as adjusted), the Private Warrants must also be concurrently called for redemption on the same terms as the outstanding Public Warrants, as described above.          
Warrant exercise price per share     $ 10.00          
Common Stock [Member]                
Class Of Warrant Or Right [Line Items]                
Class of warrant or right number of securities called by warrants or rights       121,689     121,689 463,710
Warrants exercise price       $ 1.28 11.50   $ 1.28 $ 0.09
Exercise price of warrants or rights       $ 1.28 $ 11.50   $ 1.28 $ 0.09
Fair value of warrants               $ 23,000
Class of warrants and rights issued during the period 305,981              
Common Stock [Member] | Public Warrants [Member]                
Class Of Warrant Or Right [Line Items]                
Warrants assumed as part of Business Combination   $ 10,666,666,000            
Common Stock [Member] | Private Placement Warrants [Member]                
Class Of Warrant Or Right [Line Items]                
Warrants exercise price     11.50          
Exercise price of warrants or rights     $ 11.50          
Warrants assumed as part of Business Combination   $ 5,600,000,000