FAIR VALUE MEASUREMENTS (Tables)

3 Months Ended

Mar. 31, 2022

Fair Value Disclosures [Abstract]

Schedule of Assets and Liabilities Measured at Fair Value on a Recurring Basis

The table below presents information regarding financial assets and liabilities that are measured at fair value on a recurring basis and indicate the level within the fair value hierarchy reflecting the valuation techniques utilized to determine fair value.

	Fair Value Hierarchy
March 31, 2022	Level 1		Level 2		Level 3
Assets –cash & cash equivalents	$	69,935	$	—	$	—
Assets –restricted cash	2,768		—		—
Total Assets	$	72,703	$	—	$	—
Liabilities:
Forward purchase option derivative	$	—	$	—	$	17,609
Earnout liability	—		—		20,145
Public Warrants	13,841		—		—
Private Warrants	—		5,979		—
Total Liabilities	$	13,841	$	5,979	$	37,754

December 31, 2021	Level 1		Level 2		Level 3
Assets –cash & cash equivalents	$	105,027	$	—	$	—
Assets –restricted cash	2,767		—		—
Total assets	$	107,795	$	—	$	—
Liabilities:
Forward purchase option derivative	$	—	$	—	$	4,203
Earnout liability	—		—		27,134
Common stock warrants	15,396		—		—
Preferred stock warrants	—		6,649		—
Total liabilities	$	15,396	$	6,649	$	31,337

Schedule of Changes in Level 3 Financial Liabilities

Level 3 Rollforward	Forward purchase option derivative		Earnout liability
Beginning balances	$	4,203	$	27,134
Additions	—		—
Changes in fair value	13,406		(6,989)
Ending balances	$	17,609	$	20,145