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Share-Based Compensation (Tables)
3 Months Ended 12 Months Ended
Mar. 31, 2022
Dec. 31, 2021
Share-based Payment Arrangement [Abstract]    
Schedule of Common Stock Reserved for Future Issuance

The Company has the following shares of common stock reserved for future issuance, on an as-if converted basis:

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March 31,

    

December 31,

​

    

2022

    

2021

Conversion of convertible preferred stock

​

—

​

86,815,192

Warrants to purchase convertible preferred stock

 

—

 

3,540,546

Warrants to purchase common stock

 

3,774,437

 

233,891

Shares available for grant under 2018 Plan

 

—

 

1,133,920

Stock options issued and outstanding under 2018 Plan

 

14,960,960

 

15,712,433

Shares available for grant under 2022 Plan

 

12,899,504

 

—

Stock options issued and outstanding under 2022 Plan

 

—

 

—

Shares available for grant under 2022 ESPP

 

4,072,000

 

—

Outstanding Private Placement Warrants

 

7,386,667

 

—

Outstanding Public Warrants

 

18,466,604

 

—

Total shares of common stock reserved

 

61,560,172

 

107,435,982

 
Schedule of Stock Option Activity

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Weighted

    

Weighted-

    

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Average Exercise

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Averages Life

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Aggregate

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Stock Options

    

Price

    

(Years)

    

Intrinsic Value

Balance as of December 31, 2021

​

5,031,310

​

$

6.85

​

9.2 years

​

$

120,491

Retroactive application of recapitalization

​

10,681,124

​

$

(4.66)

​

  

​

  

​

Balance as of December 31, 2021

 

15,712,434

​

$

2.19

 

  

 

​

  

Exercised

 

(194,977)

​

$

0.54

 

  

 

​

  

Cancelled/Forfeited/Expired

 

(556,497)

​

$

0.63

 

  

 

​

  

Balance as of March 31, 2022

 

14,960,960

​

$

2.27

 

8.7 years

​

$

472,858

Vested and exercisable as of March 31, 2022

 

4,549,923

​

$

0.80

 

8.0 years

​

$

150,512

 
Schedule of Valuation Assumptions Using Black-Scholes

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Fair value of common stock

$

6.11

 

Expected term (years)

 

5.3

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Expected volatility

 

40.0

%

Risk-free interest rate

 

0.7

%

Expected dividend yield

 

0.0

%

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​

    

2021

    

2020

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Fair value of common stock

​

$8.80 – $21.29

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$3.41 – $6.59

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Expected term (years)

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5.1 – 7.0

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5.0 – 6.2

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Expected volatility

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40.0% – 41.4%

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37.0% – 41.7%

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Risk-free interest rate

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0.7% –1.3%

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0.3% – 0.8%

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Expected dividend yield

​

0.0%

​

0.0%

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