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FAIR VALUE MEASUREMENTS (Tables)
6 Months Ended 12 Months Ended
Jun. 30, 2022
Dec. 31, 2021
FAIR VALUE MEASUREMENTS    
Schedule of the Company's liabilities that are measured at fair value on a recurring basis

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December 31, 2021

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Level 1

    

Level 2

    

Level 3

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Audited

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Warrants to convertible preferred shares

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$

—

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$

—

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$

18,623

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June 30, 2022

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Level 1

    

Level 2

    

Level 3

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(Unaudited)

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Warrants Liability – Public Warrants

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$

6,543

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$

—

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$

—

Warrant Liability – Private Warrants

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—

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—

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6,405

Total

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$

6,543

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$

—

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$

6,405

 
Schedule of Level 3 fair value measurements

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December 31, 2021

    

June 30, 2022

 

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(Audited)

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(Unaudited)

 

Expected term (years)

 

1.25

 

4.68

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Expected volatility

 

83.00

%  

43.81

%

Risk-free rate

 

0.75

%  

3.01

%

Dividend yield

 

0.00

%  

0.00

%

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December 31, 

 

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2019

    

2020

    

2021

 

Expected term

 

3

 

2.25

 

1.25

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Expected dividend yield

 

0

%  

0

%  

0

%

Expected volatility

 

78.11

%  

96.83

%  

83.00

%

Risk-free interest rate

 

1.91

%  

0.42

%  

0.75

%

Schedule of changes in the Level 3 fair value of warrant liabilities

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Private Warrants

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Fair value as of March 7, 2022 (merger date)

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$

11,652

Change in fair value

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(5,247)

Fair value as of June 30, 2022

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$

6,405

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Warrants to 
Convertible 
Preferred Shares

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​

​

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Fair value as of January 1, 2022

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$

18,623

Change in fair value

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16,547

Conversion of Warrants to Convertible Preferred shares in connection with SPAC merger

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(35,170)

Fair value as of June 30, 2022

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$

—