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Warrant liabilities (Tables)
9 Months Ended
Sep. 30, 2022
Warrants and Rights Note Disclosure [Abstract]  
Schedule Of Information About The Warrant Liabilities That are Measured At Fair Value on a Recurring Basis
The following table presents information about the Company’s warrant liabilities that are measured at fair value on a recurring basis at September 30, 2022 and December 31, 2021 and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value.
 
Description
  
September 30,
2022
 
  
Quoted Prices
in Active
Markets
(Level 1)
 
  
Significant
Other
Observable
Inputs
(Level 2)
 
  
Significant
Other
Unobservable
Inputs
(Level 3)
 
Warrant Liabilities:
                                   
Public Warrants
   $ 1,600,000      $ 1,600,000      $ —        $ —    
Private Placement Warrants
   $ 1,680,000      $ —        $ 1,680,000      $ —    
Warrant liabilities at September 30, 2022
   $ 3,280,000      $ 1,600,000      $ 1,680,000      $ —    
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
         
Description
  
December 31,
2021
 
  
Quoted Prices
in Active
Markets
(Level 1)
 
  
Significant
Other
Observable
Inputs
(Level 2)
 
  
Significant
Other
Unobservable
Inputs
(Level 3)
 
Warrant Liabilities:
                                   
Public Warrants
   $ 5,400,000      $ 5,400,000      $ —        $  —    
Private Placement Warrants
   $ 5,670,000      $ —        $ 5,670,000      $ —    
Warrant liabilities at December 31, 2021
   $ 11,070,000      $ 5,400,000      $ 5,670,000      $ —    

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Summary Of Changes In The Fair Value Of Warrant Liabilities
The following table presents the changes in the fair value of warrant liabilities:
 
    
Warrant
Liabilities
 
  
Public
Warrants
 
  
Private
Placement
 
Fair value at January 1, 2021
     —          —          —    
Initial measurement on October 25, 2021
   $ 16,195,000      $ 7,900,000      $ 8,295,000  
Change in valuation inputs or other assumptions
     (5,125,000      (2,500,000      (2,625,000
    
 
 
    
 
 
    
 
 
 
Fair value at December 31, 2021
   $ 11,070,000      $ 5,400,000      $ 5,670,000  
Change in valuation inputs or other assumptions
     (7,790,000      (3,800,000      (3,990,000
    
 
 
    
 
 
    
 
 
 
Fair value as of September 30, 2022
   $ 3,280,000      $ 1,600,000      $ 1,680,000