XML 63 R41.htm IDEA: XBRL DOCUMENT v3.25.0.1

Warrants (Tables)

12 Months Ended

Dec. 31, 2024

Other Liabilities Disclosure [Abstract]

Schedule of Stockholders' Equity Note, Warrants or Rights

The table below presents information about the repurchase of public warrants, which each entitle the holder to purchase one share of Class A common stock.

			Year Ended December 31,
			2024						2023						2022
Public warrants			—						—						2,812,764
Average cost per warrant			$	—					$	—					$	0.91
Total cost of public warrants repurchases			$	—					$	—					$	2,569

The following table shows a rollforward of the public and private warrants outstanding for the years ended December 31, 2024, 2023 and 2022:

																					Public Warrants						Private Warrants						Total
December 31, 2021																					19,597,764						900,000						20,497,764
Exercises of warrants																					(30)						—						(30)
Repurchases																					(2,812,764)						—						(2,812,764)
December 31, 2022																					16,784,970						900,000						17,684,970
Exercises of warrants																					—						—						—
Repurchases																					—						—						—
December 31, 2023																					16,784,970						900,000						17,684,970
Exercises of warrants																					—						—						—
Repurchases																					—						—						—
December 31, 2024																					16,784,970						900,000						17,684,970

X

- References

No definition available.

+ Details

Name:	us-gaap_OtherLiabilitiesDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480429/718-10-50-1

+ Details

Name:	us-gaap_ScheduleOfStockholdersEquityNoteWarrantsOrRightsTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration