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Summary of Significant Accounting Policies (Tables)
 6 Months Ended
Jun. 30, 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 for the six months ended June 30, 2022: (In thousands)
 
    
June 30,
2022
     
December 31,
2021
  
Cash
    $ 184,020      $ 11,729  
Restricted cash
      117        317  
    
 
 
     
 
 
  
Total cash and restricted cash
    $ 184,137      $ 12,046  
    
 
 
     
 
 
  
Schedule of Inputs Into the Respective Models
Significant inputs into the respective models at the March 2, 2022 (the initial recognition) and June 30, 2022 are as follows:
 
Valuation Assumptions
   
Initial Recognition
on March 2, 2022
    
June 30, 2022
  
    
As Restated (1)
    
As Restated (1)
  
Stock Price
    $ 9.43     $ 3.67  
Simulated trading days
      1,198.00       1,177.00  
Volatility (annual) (1)
      30.50 %      79.20 % 
Risk-free rate
      1.74 %      2.98 % 
Estimated time to expiration (years)
      5       4.67  
 
(1)
As restated and discussed in Note 1 — Description of Business — Restatement of Condensed Consolidated Financial Statements and Immaterial Correction of Prior-Period Errors
Schedule of Calculation of Basic and Diluted Net Income (Loss) Per Ordinary Shares
Significant customers that represent 10% or more of revenue are set forth in the following tables:
 
                                                         
    
For the Six Months Ended June 30,
  
Customer
   
2022
    
2021
  
Customer A
   
 
33
% 
  
 
*
 
Customer B
   
 
28
% 
  
 
25
% 
Customer C
   
 
16
% 
  
 
30
% 
Customer D
   
 
10
% 
  
 
*
 
Customer E
   
 
*
 
  
 
36
% 
 
                                       
    
For the Three Months Ended June 30,
  
Customer
   
2022
    
2021
  
Customer A
   
 
32
% 
  
 
30
% 
Customer B
   
 
22
% 
  
 
64
% 
Customer C
   
 
19
% 
  
 
*
 
Customer D
   
 
19
% 
  
 
*
 
 
*
Customer accounted for less than 10% of revenue in the respective period
Schedule of Customers Accounts Receivable
Significant customers that represent 10% or more of accounts receivable are set forth in the following tables:
 
Customer
    June 30,     December 31,  
   2022     2021  
Customer A
      25 %      35 % 
Customer B
      24 %      34 % 
Customer C
      16 %      29 % 
Customer D
      16 %      *  
Customer E
      11 %      *  
 
*
Customer accounted for less than 10% of accounts receivable in the respective period