Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2022

Fair Value Disclosures [Abstract]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

The following tables present information about the Company's assets and liabilities that are measured at fair value on a recurring basis and indicate the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value:

	As of June 30, 2022
	Total		Quoted Prices In Active Markets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Other Unobservable Inputs (Level 3)
Liabilities:
Public Warrant liability	$	1,092,500	$	1,092,500	$	—	$	—
Private Placement Warrant liability		47,978		—		—		47,978
Total	$	1,140,478	$	1,092,500	$	—	$	47,978

	As of December 31, 2021
	Total		Quoted Prices In Active Markets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Other Unobservable Inputs (Level 3)
Liabilities:
Public Warrant liability	$	10,292,500	$	10,292,500	$	—	$	—
Private Placement Warrant liability		427,630		—		—		427,630
Total	$	10,720,130	$	10,292,500	$	—	$	427,630

Summary of Changes in Level 3 Fair Value Measurements

The following table provides a summary of the changes in our Level 3 fair value measurements:

	June 30, 2022
Balance, December 31, 2021	$	427,630
Change in fair value of Private Placement Warrant liability		(317,072	)
Balance, March 31, 2022	$	110,558
Change in fair value of Private Placement Warrant liability		(62,580	)
Balance, June 30, 2022	$	47,978

Schedule of Key Inputs into Monte Carlo Simulation

The key inputs into the valuations as of June 30, 2022 and December 31, 2021 were as follows:

	June 30, 2022			December 31, 2021
Risk-free interest rate		3.00	%		1.24	%
Expected term remaining (years)		4.31			4.81
Implied volatility		73.0	%		43.0	%
Closing common stock price on the measurement date	$	1.45		$	7.81