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Fair Value Measurements (Tables) - DPCM Capital, Inc [Member]

6 Months Ended

12 Months Ended

Jun. 30, 2022

Dec. 31, 2021

Schedule of assets and liabilities that are measured at fair value on a recurring basis

The following table presents information about the Company’s assets and liabilities that are measured at fair value on a recurring basis at June 30, 2022 and December 31, 2021, and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value:

Description		Level				June 30, 2022				Level				December 31, 2021
Assets:
Cash and marketable securities held in Trust Account			1			$	300,626,900				1			$	300,183,322
Liabilities:
Warrant Liabilities – Public Warrants			1			$	3,500,000				1			$	5,993,000
Warrant Liabilities – Private Placement Warrants			2				2,800,000				2			$	4,794,400

The following table presents information about the Company’s assets and liabilities that are measured at fair value on a recurring basis at December 31, 2021 and 2020, and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value:

Description		Level				December 31, 2021				Level				December 31, 2020
Assets:
Marketable securities held in Trust Account			1			$	300,183,322				1			$	300,058,477
Liabilities:
Warrant Liability – Public Warrants			1			$	5,993,000				3			$	21,500,000
Warrant Liability – Private Placement Warrants			2				4,794,400				3			$	17,200,000

Schedule of estimated fair value of the warrants

The estimated fair value of the Level 3 Warrants was determined based upon the following significant inputs:

		December 31, 2020
Exercise price		$	11.50
Stock price		$	10.41
Volatility			28.4	%
Term			5.00
Risk-free rate			0.39	%
Dividend yield			0.00	%

Schedule of changes in the fair value of warrant liabilities

The following table presents the changes in the fair value of Level 3 warrant liabilities:

		Private Placement				Public				Warrant Liabilities
Fair value as of January 1, 2021		$	17,200,000			$	21,500,000			$	38,700,000
Change in fair value			(12,240,000	)			(15,507,000	)			(27,912,600	)
Transfers to Level 1			—				(5,993,000	)			(5,993,000	)
Transfers to Level 2			(4,794,400	)			—				(4,794,400	)
Fair value as of December 31, 2021		$	—			$	—			$	—

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- Definition

Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

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- Definition

Tabular disclosure of all significant concentrations of risk, including credit risk and market risk, arising from all financial instruments (as defined), whether from an individual counterparty or groups of counterparties. The disclosure concerning concentrations of risk may consist of the following information: (1) for concentrations of credit risk disclosure may include: (a) information about the (shared) activity, region, or economic characteristic that identifies the concentration, (b) the maximum amount of loss due to credit risk that, based on the gross fair value of the financial instrument, the entity would incur if parties to the financial instruments that make up the concentration failed completely to perform according to the terms of the contracts and the collateral or other security, if any, for the amount due proved to be of no value to the entity, (c) the policy of requiring collateral or other security to support financial instruments subject to credit risk, information about the entity's access to that collateral or other security, and the nature and a brief description of the collateral or other security supporting those financial instruments, and (d) the policy of entering into master netting arrangements to mitigate the credit risk of financial instruments, information about the arrangements for which the entity is a party, and a brief description of the terms of those arrangements, including the extent to which they would reduce the entity's maximum amount of loss due to credit risk and (2) for disclosure of quantitative information about the market risks of financial instruments that is consistent with the way the company manages or adjusts those risks, disclosure may include: (a) more details about current positions and perhaps activity during the period, (b) the hypothetical effects on comprehensive income (or net assets), or annual income, of several possible changes in market prices, (c) a gap analysis of interest rate re-pricing or maturity dates, (d) the duration of the financial instruments, (e) the entity's value at risk from derivatives and from other positions at the end of the reporting period and the average value at risk during the year, or (f) other ways of reporting quantitative information as internally developed.

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