Description of the Business and Merger Transaction (Tables)

12 Months Ended

Dec. 31, 2022

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Summary of Merger

The following table provides a summary of the significant sources and uses of cash related to the closing of the Business Combination on February 4, 2022 and the cash received from escrow through December 31, 2022:

Amount in Merida's trust account (“the Trust”) at closing	$	90,824
Total payment to Merida public redeeming stockholders		49,466
Amount available after paying Merida redeeming stockholders		41,358
Cash to escrow for Forward Share Purchase Agreements (see Note 13)		39,032
Remaining balance		2,326
Merida expenses paid from the Trust at closing		1,744
Net cash from the Trust to Leafly at closing		582
Cash received from escrow February 4, 2022 to December 31, 2022		8,089
Net cash from the Trust to Leafly as of December 31, 2022	$	8,671

The following table provides a reconciliation of the common shares related to the Merger transaction:

Merida public stockholders	4,160
Merida initial stockholders (including Sponsor and EarlyBirdCapital)	1,667
Holders of 2022 Notes (see Note 11)	38
Shares held by Sponsor in escrow that are subject to earn-out conditions (see Note 12)	1,625
Total Merida	7,490
Legacy Leafly existing securityholders	35,434
Total shares outstanding as of February 4, 2022	42,924