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Fair Value Measurements (Tables)
9 Months Ended
Sep. 30, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]  
Schedule of liabilities measured on recurring basis

September 30, 

(in thousands)

Level

2022

Earnout liability

 

 

3

$

3,883

Warrant liability – Public Warrants

1

$

27,655

Warrant liability – Private Placement Warrants

2

$

5,825

Schedule of changes in the fair value of warrant and earnout liabilities

Private

Placement

Warrant

Earnout

(in thousands)

Liability

Liability

Fair value as of December 31, 2021

$

8,847

$

5,211

Change in fair value of liability

(4,912)

(1,328)

Transfers out of Level 3

(3,935)

Fair value as of September 30, 2022

$

$

3,883

Net change in unrealized gain (loss) for instruments still held at September 30, 2022

$

$

(1,328)

Earnout Liability [Member]  
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]  
Assumptions used in valuation of liability

September 30, 

2022

Stock price

 

$

7.91

 

Risk-free interest rate

4.18

%

Expected term

2.8 years

Expected volatility

90.0

%

Dividend rate

%