Warrants (Tables)

3 Months Ended

Mar. 31, 2023

Warrants and Rights Note Disclosure [Abstract]

Schedule of Range of Significant Unobservable Inputs Used in Measurement of Fair Value of Warrants

The fair value of the Private Placement Warrants was estimated utilizing a Black-Scholes model using the following range of significant unobservable inputs (Level 3) as of March 31, 2023 and December 31, 2022:

	March 31, 2023			December 31, 2022
Stock price	$	22.60		$	28.85
Volatility		46.5	%		47.0	%
Risk-free rate		4.90	%		4.70	%
Dividend yield		8.85	%		6.93	%
Term	0.4 years			0.7 years

Schedule of Reconciliation of Beginning and Ending Balance for Private Placement Warrant Liability Measured at Fair Value

The following is a reconciliation of the beginning and ending balance for the Private Placement Warrant liability measured at fair value using significant unobservable inputs (Level 3) during the three months ended March 31, 2023 (in thousands). There were no warrants outstanding for the Predecessor prior to the date of the Falcon Merger.

	Three Months Ended March 31,
	2023
Balance at January 1, 2023	$	1,369
Decrease in fair value		(1,313	)
Balance at March 31, 2023	$	56