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Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2021
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]  
Summary of fair value hierarchy

December 31,

Description

    

Level

    

2021

    

2020

Liabilities:

Warrant liabilities (Note 10)

3

$

292

$

Earnout Cash liability (Note 4)

3

$

4,582

$

Schedule of significant unobservable inputs

The significant unobservable inputs used in the Black-Scholes model to measure the warrant liability that are categorized within Level 3 of the fair value hierarchy are as follows:

   

December 31, 2021

  

At Effective Time

Stock price on valuation date

$

4.78

$

11.62

Exercise price per share

$

11.50

$

11.50

Expected life

4.40

4.9

Volatility

82.8

%

35.7

%

Risk-free rate

1.17

%

0.85

%

Dividend yield

%

%

Fair value of warrants

$

2.14

$

3.78

Common stock warrant [Member]  
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]  
Schedule of reconciliation of liabilities

A reconciliation of warrant liabilities is included below (in thousands):

    

December 31, 2021

Balance as of December 31, 2020

$

Additions pursuant to Merger

1,984

Gain upon re-measurement

(1,692)

Balance as of December 31, 2021

$

292

Earnout Cash liability  
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]  
Schedule of reconciliation of liabilities

A reconciliation of the Earnout Cash liability is included below (in thousands):

    

December 31, 2021

Balance as of December 31, 2020

$

Additions pursuant to Merger

25,520

Gain upon re-measurement

(20,938)

Balance as of December 31, 2021

$

4,582