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Stockholder's Equity (Tables)
6 Months Ended
Jun. 30, 2021
Equity [Abstract]  
Schedule of Fair Value of Preferred Warrants Determined Using Black Scholes Option Pricing Model

The fair value of the Preferred Warrants was determined using the Black Scholes option pricing model with the following assumptions:

 

 

 

May 21, 2020 (1)

 

 

 

Series A

 

 

Series B

 

Expected volatility

 

 

51.10

%

 

 

50.00

%

Preferred stock fair value (per share)

 

$

19.00

 

 

$

19.00

 

Dividend yield

 

 

0.00

%

 

 

0.00

%

Risk free interest rates

 

 

0.17

%

 

 

0.53

%

Expected remaining term in years

 

 

1.55

 

 

5.94-6.86

 

(1) Date the Company's registration statement on Form S-1 was declared effective.