XML 42 R33.htm IDEA: XBRL DOCUMENT v3.22.2.2
Merger - Narrative (Details)
$ / shares in Units, $ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Jul. 15, 2021
USD ($)
$ / shares
shares
Sep. 30, 2021
USD ($)
Sep. 30, 2022
USD ($)
shares
Sep. 30, 2021
USD ($)
Dec. 31, 2021
USD ($)
shares
Business Acquisition [Line Items]          
Preferred stock outstanding (in shares) | shares     0    
Convertible preferred stock, conversion ratio     1    
Vested (in shares) | shares 496,717        
Consideration received $ 9,890        
Shares subject to vesting (in shares) | shares     2,807,500    
Gross proceeds from merger       $ 145,499  
Reverse recapitalization transaction, net of fees   $ 101,035      
Proceeds from reverse recapitalization and PIPE financing 133,889   $ 0 133,663  
Common stock warrants received as part of the Merger       22,806  
Assumed current assets and liabilities   66   66  
Deferred transaction costs     $ 0 11,836  
Common stock, shares outstanding (in shares) | shares     114,852,448   112,996,568
Minimum          
Business Acquisition [Line Items]          
Deferred transaction costs       11,610  
General and administrative          
Business Acquisition [Line Items]          
Deferred transaction costs         $ 5,370
Additional Paid-in Capital          
Business Acquisition [Line Items]          
Reverse recapitalization transaction, net of fees $ 101,259 $ 101,033      
Sandbridge          
Business Acquisition [Line Items]          
Net proceeds from Initial Public Offering and Private Placement per unit (in dollars per share) | $ / shares $ 10.00        
Sale of stock, consideration received $ 197,588        
Gross proceeds from initial public offering       $ 213,407  
Transaction cost $ 16,980        
Sandbridge | Common Class A          
Business Acquisition [Line Items]          
Stock redeemed or called during period (in shares) | shares 19,758,773        
Shares outstanding of acquired entity | shares 3,241,227        
Conversion of redeemable convertible preferred stock into common stock in connection with the reverse recapitalization (in shares) | shares 3,241,227        
Sandbridge | Common Class B          
Business Acquisition [Line Items]          
Conversion of redeemable convertible preferred stock into common stock in connection with the reverse recapitalization (in shares) | shares 5,750,000        
Shares subject to vesting (in shares) | shares 2,807,500        
ESPP shares committed          
Business Acquisition [Line Items]          
Convertible preferred stock, conversion ratio 2.053        
PIPE Investors | Sandbridge          
Business Acquisition [Line Items]          
Net proceeds from Initial Public Offering and Private Placement per unit (in dollars per share) | $ / shares $ 10.00        
Consideration received $ 129,680        
Sale of stock, shares issued in transaction (in shares) | shares 12,968,000        
Old Owlet          
Business Acquisition [Line Items]          
Convertible preferred stock, conversion ratio 2.053        
Warrants exercised (in shares) | shares 429,314        
Common stock exchanged (in shares) | shares 90,824,573        
Net proceeds from Initial Public Offering and Private Placement per unit (in dollars per share) | $ / shares $ 20.53        
Common stock, shares outstanding (in shares) | shares 2,807,500        
Old Owlet | Common Class B          
Business Acquisition [Line Items]          
Preferred stock outstanding (in shares) | shares 30,104,000        
Preferred stock, conversion basis     All 30,104,000 outstanding shares of Old Owlet redeemable convertible preferred stock were converted into an equivalent number of shares of Old Owlet common stock on a one-to-one basis.    
Old Owlet | Related Party Convertible Promissory          
Business Acquisition [Line Items]          
Principal and accrued interest $ 7,122        
Preferred stock, convertible, conversion price (in dollars per share) | $ / shares $ 3.1546        
Amount of convertible notes redeemed for cash $ 2        
Warrants exercised (in shares) | shares 433,356