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Fair Value Measurements (Tables)
3 Months Ended 12 Months Ended
Mar. 31, 2021
Dec. 31, 2021
Dec. 31, 2020
Fair Value Measurements (Tables) [Line Items]      
Schedule of fair value hierarchy for financial assets and liabilities  

 

Fair Value Measurements as of December 31, 2021

   

Level 1

 

Level 2

 

Level 3

 

Total

Liabilities:

 

 

   

 

   

 

   

 

 

Warrant Liability

 

$

 

$

 

$

100,467

 

$

100,467

ONDesign Israel Contingent Consideration – Tapeout

 

$

 

$

 

$

1,817

 

$

1,817

ONDesign Israel Contingent Consideration – Design Win

 

$

 

$

 

$

2,222

 

$

2,222

City Semi Contingent Consideration – Second Tranche

 

$

 

$

 

$

980

 

$

980

 

Fair Value Measurements as of December 31, 2020

   

Level 1

 

Level 2

 

Level 3

 

Total

Liabilities:

 

 

   

 

   

 

   

 

 

SAFEs

 

$

 

$

 

$

102,700

 

$

102,700

City Semi Contingent
Consideration – First Tranche

 

$

 

$

 

$

500

 

$

500

City Semi Contingent Consideration – Second Tranche

 

$

 

$

 

$

900

 

$

900

 
Schedule of significant unobservable inputs  

 

As of December 31, 2021

 

As of December 31, 2020

   

Input

 

Input

Liabilities:

   

 

   

 

SAFEs

   

 

   

 

Discount rate

 

N/A

 

 

75

%

Constant volatility factor

 

N/A

 

 

40

%

Geometric Brownian Motion

 

N/A

 

 

0.98

 

Warrants

   

 

   

 

Expected volatility

 

36.0

%

 

N/A

 

City Semi Contingent Consideration – First Tranche

   

 

   

 

Discount rate

 

N/A

 

 

10.3

%

City Semi Contingent Consideration – Second Tranche

   

 

   

 

Discount rate

 

10.8

%

 

10.3

%

ONDesign Israel Contingent consideration – Tapeout

   

 

   

 

Discount rate

 

4.37

%

 

N/A

 

ONDesign Israel Contingent consideration – Design Win

   

 

   

 

Discount rate

 

4.37

%

 

N/A

 

Contingent earn-outs – second milestone

   

 

   

 

Constant volatility factor

 

40

%

 

N/A

 

 
Schedule of the private placement warrants and public warrant  

 

December 31,
2020

Risk-free rate

 

1.5

%

Volatility factor

 

54.0

%

Geometric Brownian Motion

 

0.853

 

 
Thunder Bridge Acquisition Il, Ltd.[Member]      
Fair Value Measurements (Tables) [Line Items]      
Schedule of fair value hierarchy for financial assets and liabilities

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