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Equity (Tables)
6 Months Ended 12 Months Ended
Jun. 30, 2021
Dec. 31, 2020
Equity    
Summary of activity in warrants

    

    

Weighted

    

    

Average

Weighted

Remaining

Average

Aggregate

Total Warrants

Term

Exercise Price

Intrinsic Value

Outstanding as of December 31, 2020 (as previously reported)

 

620,055

 

11.08

$

14.61

$

22,127,594

Retroactive application of reverse recapitalization (Note 4)

2,455,415

(13.53)

Outstanding as of December 31, 2020, effect of Merger (Note 4)

3,075,470

4.34

1.09

150,955,963

Issued

 

3,329,812

 

3.00

 

3.19

 

111,082,528

Exercised

 

(1,496,216)

 

 

(3.19)

 

(49,913,766)

Outstanding as of March 31, 2021

 

4,909,066

 

3.74

$

1.78

$

244,574,345

Issued

 

3,586,250

 

5.00

 

11.50

 

45,724,688

Outstanding as of June 30, 2021

 

8,495,316

 

4.09

$

24.78

$

42,385,824

    

    

Weighted 

    

    

Average 

Weighted 

Remaining 

Average 

Average 

Total Warrants

    

Term

    

Exercise Price

    

Intrinsic Value

Outstanding as of December 31, 2018

48,627

2.88

$

7.90

$

Issued

 

8,846

 

5.00

 

11.00

 

Outstanding as of December 31, 2019

 

57,473

 

2.22

$

8.38

$

Issued

 

562,581

 

4.99

 

15.25

 

20,112,271

Outstanding as of December 31, 2020

 

620,054

 

11.08

$

14.61

$

22,127,594

Schedule of Assumptions  

    

December 31, 

 

2020

    

2019

 

Strike price

 

$

15.25

$

11.00

Volatility rate

 

80.0

%  

 

80.0

%

Risk-free rate

 

0.19%-0.28

%

 

2.40

%

Expected term

 

3.00-5.00

 

5.00

Dividend yield