Fair Value Measurements (Tables)

9 Months Ended

Sep. 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 September 30, 2021
	Level 1		Level 2		Level 3		Total
Liabilities:
Warrant Liability	$	—	$	—	$	103,492	$	103,492
Contingent earn-outs - first milestone	$	—	$	—	$	76,698	$	76,698
Contingent earn-outs - second milestone	$	—	$	—	$	70,619	$	70,619
Second tranche contingent consideration	$	—	$	—	$	1,200	$	1,200
Currency forward contract	$	—	$	1,200	$	—	$	1,200

	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:

	September 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	35.5	%	34.1	%	—	%
First tranche contingent consideration
Discount rate	—	%	—	%	10.3	%
Second tranche contingent consideration
Discount rate	7.5	%	7.5	%	10.3	%
Contingent earn-outs - first milestone
Constant volatility factor	40	%	35	%	—	%
Contingent earn-outs - second milestone
Constant volatility factor	40	%	35	%	—	%