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v3.22.1

Summary of Significant Accounting Policies (Tables) | 3 Months Ended
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Mar. 31, 2022
Cash, Cash Equivalents and Investments | The following table provides a reconciliation of cash and restricted cash in the consolidated balance sheets to the total amount shown in the consolidated statements of cash flows: (In thousands)
|  | March 31, 2022 |  |  | December 31, 2021 |
|  | (In thousands) |
Cash |  | $ | 206,626 |  |  | $ | 11,729 |
Restricted cash |  |  | 317 |  |  |  | 317 |
Total cash and restricted cash |  | $ | 206,943 |  |  | $ | 12,046 |
Schedule of Inputs Into the Respective Models | Significant inputs into the respective models at the March 2, 2022 (the initial recognition) and March 31, 2022 are as follows:
Valuation Assumptions |  | Initial Recognition on March 2, 2022 |  |  | March 31, 2022 |
Stock Price |  | $ | 9.43 |  |  | $ | 6.30 |
Simulated trading days |  |  | 1,198.00 |  |  |  | 1,178.00 |
Volatility (annual) |  |  | 77.00 | % |  |  | 86.00 | %
Risk-free rate |  |  | 1.74 | % |  |  | 2.42 | %
Estimated time to expiration (years) |  |  | 5 |  |  |  | 5 |
Schedule of Calculation of Basic and Diluted Net Income (Loss) Per Ordinary Shares | Significant customers are those that represent 10% or more of revenue are set forth in the following tables:
|  | March 31,
Customer |  | 2022 |  | 2021
Customer A |  | 47% |  | *
Customer B |  | 23% |  | 21%
Customer C |  | 13% |  | 60%
*Customer accounted for less than 10% of revenue in the respective period
Schedule of Customers Accounts Receivable | Significant customers are those that represent 10% or more of accounts receivable are set forth in the following tables:
|  | March 31, |  |  | December 31, |
Customer |  | 2022 |  |  | 2021 |
Customer A |  |  | 53 | % |  |  | * |
Customer B |  |  | 25 | % |  |  | 35 | %
Customer C |  |  | 21 | % |  |  | * |
Customer D |  |  | * |  |  |  | 34 | %
Customer E |  |  | * |  |  |  | 29 | %
*Customer accounted for less than 10% of accounts receivable in the respective period

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
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