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Warrants (Tables)
3 Months Ended
Mar. 31, 2021
Equity [Abstract]  
Schedule of Fair Value Measurement Inputs

The redeemable convertible preferred stock warrants were valued using the following assumptions under the Black-Scholes option-pricing model:

 

     Initial Issuance
Date
    Subsequent
Issuance Date
    December 31,
2020
    February 11,
2021
    March 11,
2021
 

Stock price

   $ 5.80   $ 5.80   $ 7.11   $ 10.27   $ 8.44

Expected term (years)

     10.00       9.31       2.00       2.00       2.00  

Expected volatility

     57.81     57.35     76.00     76.00     76.00

Risk-free interest rate

     3.06     1.75     0.13     0.13     0.13

Dividend yield

     0     0     0     0     0

The Private Placement warrants were valued using the following assumptions under the Black-Scholes option-pricing model:

 

     March 11, 2021     March 31, 2021  

Stock price

   $ 12.00   $ 8.50

Exercise price of warrant

     11.5       11.5  

Expected term (years)

     5.00       4.95  

Expected volatility

     27.00     43.00

Risk-free interest rate

     0.78     0.92