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Fair Value Measurements (Tables)
 12 Months Ended
Dec. 31, 2022
Fair Value Disclosures [Abstract]  
Schedule of Fair Value Liabilities Measured on Recurring Basis
The following table presents information about the Company’s liabilities that are measured at fair value on a recurring basis at December 31, 2022 and 2021, and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value (in thousands):
LevelDecember 31, 2022December 31, 2021
Liabilities:
Warrant liability – Public Warrants1$1,250 $16,750 
Warrant liability – Private Placement Warrants3840 10,710 
Total warrant liability$2,090 $27,460 
Schedule of Derivative Liabilities at Fair Value
The following tables summarize the changes in the fair value of the warrant liabilities (in thousands):
Year Ended December 31, 2022
Public WarrantsPrivate Placement WarrantsWarrant Liabilities
Fair value, beginning of period$16,750 $10,710 $27,460 
Change in valuation inputs or other assumptions(15,500)(9,870)(25,370)
Fair value, end of period$1,250 $840 $2,090 
Year Ended December 31, 2021
Public WarrantsPrivate Placement WarrantsWarrant Liabilities
Fair value, beginning of period$— $— $— 
Warrant liability acquired100,750 93,228 193,978 
Change in valuation inputs or other assumptions(84,000)(82,518)(166,518)
Fair value, end of period$16,750 $10,710 $27,460 
Schedule of Fair Value Measurement Inputs and Valuation Techniques
The following table provides quantitative information regarding Level 3 fair value measurements inputs at their measurement dates:
December 31, 2022December 31, 2021
Exercise price$11.50 $11.50 
Stock price$1.01 $5.98 
Volatility82.3 %52.4 %
Term (years)3.464.46
Risk-free interest rate4.17 %1.18 %