Fair Value Measurement (Tables)

6 Months Ended

Jun. 30, 2021

Fair Value Disclosures [Abstract]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

The following fair value hierarchy table presents information about the Company’s assets and liabilities measured at fair value on a recurring basis (in thousands):

	Fair value measurement at reporting date using
	Quoted prices in active markets for identical assets (Level 1)		Significant other observable inputs (Level 2)		Significant unobservable inputs (Level 3)
June 30, 2021 (Successor)
Liabilities
Contingent Value Rights	$	—	$	—	$	33,930

	Fair value measurement at reporting date using
	Quoted prices in active markets for identical assets (Level 1)		Significant other observable inputs (Level 2)		Significant unobservable inputs (Level 3)
December 31, 2020 (Predecessor)
Liabilities
Derivative liability	$	—	$	—	$	913

Reconciliation of the Redemption Feature Measured at Fair Value on a Recurring Basis Using Significant Unobservable Inputs

The reconciliation of the redemption feature measured at fair value on a recurring basis using significant unobservable inputs (Level 3) is as follows (amounts in thousands):

	Contingent Value Rights		Derivative Liability
Balance at January 1, 2021 (Predecessor)	$	—	$	913
Additions	—		—
Change in fair value	—		—
Settlements	—		(913)
Balance at January 29, 2021 (Predecessor)	$	—	$	—
Balance at January 30, 2021 (Successor)	$	—	$	—
Additions	22,618		—
Balance at March 31, 2021 (Successor)	22,618		—
Change in fair value of contingent value rights	11,312		—
Balance at June 30, 2021 (Successor)	$	33,930	$	—