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Fair Value Measurements (Tables)
3 Months Ended 12 Months Ended
Mar. 31, 2021
Dec. 31, 2020
Fair Value Disclosures [Abstract]    
Schedule of fair value on a recurring basis

Description

 

Level

 

March 31,
2021

 

December 31,
2020

Liabilities:

     

 

   

 

 

Public Warrants

 

1

 

$

37,605,000

 

$

63,738,750

Private Placement Warrants

 

2

 

 

19,808,500

 

 

33,443,044

     

December 31,

Description

 

Level

 

2020

 

2019

Liabilities:

     

 

   

 

 

Private Placement Warrants(1)

 

2

 

$

33,443,044

 

$

7,862,415

Public Warrants(1)

 

1

 

$

63,738,750

 

$

15,525,000

Schedule of the private placement warrants and public warrant  

Input

 

August 9,
2019

Risk-free interest rate

 

 

1.64

%

Expected term (years)

 

 

6.72

 

Expected Volatility

 

 

14

%

Exercise Price

 

$

11.50

 

Stock price

 

$

9.50

 

Schedule of fair value of warrant liabilities  
 

Private Placement

 

Public

 

Warrant Liabilities

Fair value as of February 13, 2019

 

$

 

 

$

 

 

$

 

Initial Measurement on August 9, 2019

 

 

9,175,984

 

 

 

17,250,000

 

 

 

26,425,984

 

Change in valuation inputs or other assumptions(1)(2)

 

 

(1,313,569

)

 

 

(1,725,000

)

 

 

(3,038,569

)

Fair value as of December 31, 2019

 

 

7,862,415

 

 

 

15,525,000

 

 

 

23,387,415

 

Change in valuation inputs or other assumptions(1)(2)

 

 

25,580,629

 

 

 

48,213,750

 

 

 

73,794,379

 

Fair value as of December 31, 2020

 

$

33,443,044

 

 

$

63,738,750

 

 

$

97,181,794