Accounting for Warrant Liability, Fair Value Measurement (Tables)

12 Months Ended

Dec. 31, 2021

Accounting For Warrant Liability [Abstract]

Schedule of warrant liabilities that are measured at fair value

Description	December 31, 2021		Quoted Prices in Active Markets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Other Unobservable Inputs (Level 3)
Warrant Liabilities:
Public Warrants	$	7,159,000	$	7,159,000	$	—	$	-
Private Placement Warrants	$	5,754,000	$	—	$	5,755,000	$	-
Warrant liability at December 31, 2021	$	12,913,000	$	7,159,000	$	5,755,000	$	-

Description	January 20, 2021		Quoted Prices in Active Markets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Other Unobservable Inputs (Level 3)
Warrant Liabilities:
Public Warrants	$	13,973,000	$	-	$	—	$	13,973,000
Private Placement Warrants	$	11,232,000	$	—	$	-	$	11,232,000
Warrant liability at January 20, 2021	$	25,205,000	$	-	$	-	$	25,205,000

Schedule of qualified hedge accounting

	At January 20, 2021 (Initial Measurement)
Stock price	$	10.00
Strike price	$	11.50
Term (in years)		5.0
Volatility		30	%
Risk-free rate		0.62	%
Probability of acquisition		75	%
Fair value of warrants	$	1.62

Schedule of fair value of Level 3 warrant liabilities

	Private Placement			Public			Warrant   Liabilities
Initial measurement on January 20, 2021	$	11,232,000		$	13,973,000		$	25,205,000
Change in fair value of Public and Private Placement Warrants from January 20 to March 31, 2021		(277,000	)		(345,000	)		(622,000	)
Change in fair value of Public and Private Placement Warrants from January 20 to June 30, 2021		3,605,000			4,485,000			8,090,000
Transfer to Level 1 during the three months ended September 30, 2021		-			(18,113,000	)		(18,113,000	)
Transfer to Level 2 during the three months ended September 30, 2021		(14,560,000	)		-			(18,113,000	)
Fair value of Level 3 warrant liabilities as of December 31, 2021	$	—		$	—		$	-