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v3.23.1

Fair Value Measurements (Tables) | 3 Months Ended
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Mar. 31, 2023
Fair Value Measurements |
Schedule of financial liabilities measured and recorded at fair value on a recurring basis | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | March 31, 2023
​ |  | Level 1 |  | Level 2 |  | Level 3 |  | Total
Assets | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Commercial Paper | ​ | $ | 166,411 | ​ | $ | — | ​ | $ | — | ​ | $ | 166,411
Corporate Bonds | ​ | $ | 243,163 | ​ | $ | — | ​ | $ | — | ​ | $ | 243,163
Government Bonds | ​ | $ | 48,774 | ​ | $ | — | ​ | $ | — | ​ | $ | 48,774
U.S. Treasuries |  | ​ | — | ​ | ​ | — | ​ | ​ | — |  | ​ | —
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Liabilities | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Public Warrants | ​ | $ | 5,576 | ​ | $ | — | ​ | $ | — | ​ | $ | 5,576
Private Warrants | ​ | $ | — | ​ | $ | 6,203 | ​ | $ | — | ​ | $ | 6,203
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | December 31, 2022
​ |  | Level 1 |  | Level 2 |  | Level 3 |  | Total
Assets | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Commercial Paper | ​ | $ | 165,179 | ​ | $ | — | ​ | $ | — | ​ | $ | 165,179
Corporate Bonds | ​ | $ | 227,957 | ​ | $ | — | ​ | $ | — | ​ | $ | 227,957
Government Bonds | ​ | $ | 42,865 | ​ | $ | — | ​ | $ | — | ​ | $ | 42,865
U.S. Treasuries |  | ​ | 9,930 | ​ | ​ | — | ​ | ​ | — |  | ​ | 9,930
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Liabilities | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Public Warrants | ​ | $ | 4,900 | ​ | $ | — | ​ | $ | — | ​ | $ | 4,900
Private Warrants | ​ | $ | — | ​ | $ | 4,217 | ​ | $ | — | ​ | $ | 4,217
​
Schedule of Level 2 inputs used in the recurring valuation of the Private Placement Warrants | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | March 31, 2023 |  | December 31, 2022 |
Exercise Price | ​ | $ | 11.50 | ​ | $ | 11.50 | ​
Stock Price | ​ | $ | 3.01 | ​ | $ | 2.54 | ​
Volatility | ​ |  | 79.0 | % |  | 71.3 | %
Term | ​ |  | 3.69 | ​ |  | 3.94 | ​
Risk-free rate | ​ |  | 3.67 | % |  | 4.03 | %
​
Schedule of reconciliation of the warrants measured at fair value | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Public Warrants | ​ | Private Warrants
​ |  | Level 1 Fair Value |  | Level 2 Fair Value
December 31, 2022 | ​ | $ | 0.42 | ​ | $ | 0.55
Change in fair value | ​ | $ | 0.04 | ​ | $ | 0.31
March 31, 2023 | ​ | $ | 0.46 | ​ | $ | 0.86
​
Schedule of change in fair value for the Public Warrants and Private Placement Warrants | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Three months change in | ​ | ​
Warrant Class |  | Level |  | Warrants |  | December 31, 2022 |  | fair value |  | March 31, 2023
Public Warrants |  | 1 |  | 12,120,985 | ​ | $ | 4,900 | ​ | $ | 676 | ​ | $ | 5,576
Private Warrants |  | 2 |  | 7,212,318 | ​ | $ | 4,217 | ​ | $ | 1,986 | ​ | $ | 6,203
Total |  |  |  | 19,333,303 | ​ | $ | 9,117 | ​ | $ | 2,662 | ​ | $ | 11,779

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- Definition Tabular disclosure of the per share value of fair value measurement of liabilities using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets), and gains or losses recognized in other comprehensive income (loss) and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs) by class of liability. + References No definition available. + Details
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- Definition Tabular disclosure of input and valuation technique used to measure fair value and change in valuation approach and technique for each separate class of asset and liability measured on recurring and nonrecurring basis. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (bbb) -URI http://asc.fasb.org/extlink&oid=123874694&loc=d3e19207-110258 + Details
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- Definition Tabular disclosure of the fair value measurement of liabilities using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets), and gains or losses recognized in other comprehensive income (loss) and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs) by class of liability. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=123874694&loc=d3e19207-110258 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=123874694&loc=d3e19279-110258 + Details
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- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, 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). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123874694&loc=d3e19207-110258 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123874694&loc=d3e19207-110258 + Details
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