Stockholders' Equity (Tables)

12 Months Ended

Dec. 31, 2021

Stockholders Equity Note [Abstract]

Schedule of Movement in Preferred Shares

The following tables summarize the movement in preferred shares for the year ended December 31, 2020.

	Class A						Class B						Class C
(amounts in thousands)	preferred shares						preferred shares						preferred shares						Total
Balance at January 1, 2020		124		$	4,457			1,989		$	54,831			2,959		$	58,803		$	118,091
Dividends accrued					65						796						-			861
Amortization of issuance costs and warrants					-						77						728			805
Foreign exchange impact					(293	)					(3,601	)					(3,862	)		(7,756	)
Preferred shares converted into Peraso Shares		(124	)		(4,229	)		(1,989	)		(52,103	)		(2,959	)		(55,669	)		(112,001	)
Balance at December 31, 2020		-			-			-			-			-			-			-

Schedule of Warrants Outstanding

At December 31, 2021, the Company had the following warrants outstanding (share amounts in thousands):

Warrant Type	Number of Shares		Exercise Price		Expiration
Common stock		33	$	47.00	January 2023
Common stock		101	$	2.40	October 2023

Warrants classified as liability

Warrants outstanding at December 31, 2020 and their respective exercise price and expiration dates, were as follows:

Year Issued	Number of warrants issued (recast)		Exercise price	Expiration
2014		27	CDN$1.00	December 31, 2025
2015		4	CDN$1.00	August 31, 2022
2016		19	CDN$1.479	December 31, 2025
2017		7	CDN$1.479	December 31, 2022
2017		15	CDN$1.479	December 31, 2025
2019		3	CDN$1.479	December 31, 2025
2020		98	CDN$0.15	December 31, 2025
2020		202	CDN$0.15	December 31, 2023
Total		375

Schedule of Warrant Activity

Warrant activity and the related changes in the estimated fair values during the years ended December 31, 2021 and 2020 were:

	Number of shares (recast)			Amount
Balance -  December 31, 2019		75		$	1,501,307
Issued in the year		300			5,300,798
Change in fair value of warrants		—			(96,267	)
Balance -  December 31, 2020		375			6,705,838
Issued in the year		133			2,604,420
Effect of business combination		(508	)		(1,208,250	)
Change in fair value of warrants		—			(8,102,008	)
Balance -  December 31, 2021		—		$	—