Share-Based Compensation (Tables)

6 Months Ended

Jun. 30, 2022

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:

	June 30, 2022	December 31, 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	14,460,726	15,712,433
Shares available for grant under 2022 Plan	7,420,662	—
RSUs issued and outstanding under 2022 Plan	5,478,842	—
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	16,472,582	—
Total shares of common stock reserved	59,065,916	107,435,982

Schedule of Stock Option Activity

Stock option activity during the six months ended June 30, 2022 consisted of the following:

	Stock Options	Weighted Average Exercise Price		Weighted- Average Life (Years)	Aggregate Intrinsic Value
Balance as of December 31, 2021	5,031,310	$	6.85	9.2	$	120,491
Retroactive application of recapitalization	10,681,124	$	(4.66)
Balance as of December 31, 2021	15,712,434	$	2.19
Exercised	(341,209)	$	1.48
Cancelled/Forfeited/Expired	(910,499)	$	0.84
Balance as of June 30, 2022	14,460,726	$	2.29	8.3	$	120,159
Vested and exercisable as of June 30, 2022	5,867,655	$	1.34	7.8	$	54,362

Schedule of Valuation Assumptions Using Black-Scholes

The fair value has been estimated using the Black-Scholes pricing model with the following assumptions:

Fair value of common stock	$	6.11
Expected term (years)	5.3
Expected volatility	40.0%
Risk-free interest rate	0.7%
Expected dividend yield	0.0%