Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2021

Fair Value Disclosures [Abstract]

Fair Value Hierarchy for Financial Assets and Liabilities

The following table presents the Company’s fair value hierarchy for financial assets and liabilities:

	Fair Value Measurements as of June 30, 2021
	Level 1		Level 2		Level 3		Total
Liabilities:
Warrant Liability	$	—	$	—	$	63,092	$	63,092
Contingent Earn-Outs - First Milestone	$	—	$	—	$	54,120	$	54,120
Contingent Earn-Outs - Second Milestone	$	—	$	—	$	47,701	$	47,701
First tranche contingent consideration	$	—	$	—	$	500	$	500
Second tranche contingent consideration	$	—	$	—	$	1,000	$	1,000

	Fair Value Measurements as of June 10, 2021
	Level 1		Level 2		Level 3		Total
Liabilities:
SAFEs	$	—	$	—	$	86,100	$	86,100
Warrant Liability	$	—	$	—	$	74,408	$	74,408
Contingent Earn-Outs - First Milestone	$	—	$	—	$	63,426	$	63,426
Contingent Earn-Outs - Second Milestone	$	—	$	—	$	56,333	$	56,333

	Fair Value Measurements as of December 31, 2020
	Level 1		Level 2		Level 3		Total
Liabilities:
SAFEs	$	—	$	—	$	102,700	$	102,700
First tranche contingent consideration	$	—	$	—	$	500	$	500
Second tranche contingent consideration	$	—	$	—	$	900	$	900

Unobservable Input Reconciliation

The following table presents the significant unobservable inputs assumed for each of the fair value measurements:

	June 30, 2021		June 10, 2021		December 31, 2020
	Input		Input		Input
Liabilities:
SAFEs
Discount rate	—	%	—	%	75	%
Constant volatility factor	—	%	—	%	40	%
Geometric Brownian Motion	—		—		0.98
Warrants
Expected volatility	35.1	%	34.1	%	—	%
First tranche contingent consideration
Discount rate	7.5	%	—	%	10.3	%
Second tranche contingent consideration
Discount rate	7.5	%	—	%	10.3	%
Contingent Earn-Outs - First Milestone
Constant volatility factor	35	%	35	%	—	%
Contingent Earn-Outs - Second Milestone
Constant volatility factor	35	%	35	%	—	%