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Fair Value of Financial Instruments (Tables) | 3 Months Ended
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Mar. 31, 2022
Fair Value Disclosures [Abstract] |
Schedule of liabilities at fair value on a recurring basis | The following tables present information about the Company’s liabilities that are measured at fair value on a recurring basis as of March 31, 2022 and December 31, 2021, as well as indicate the fair value hierarchy level of the valuation techniques and inputs that the Company utilized to determine such fair value:
March 31, 2022 |  | Quoted Prices in Active Markets |  | Significant Other Observable Input |  | Significant Other Unobservable Inputs
|  | (Level 1) |  | (Level 2) |  | (Level 3)
|  | (in thousands)
Liabilities |  |  |  |  |  |
Public Warrants |  | $ | 4,428 |  |  | $ | — |  |  | $ | — |
Private Placement Warrants |  | — |  |  | — |  |  | 2,081 |
Sponsor Shares |  | — |  |  | — |  |  | 2,277 |
|  | $ | 4,428 |  |  | $ | — |  |  | $ | 4,358 |
December 31, 2021 |  | Quoted Prices in Active Markets |  | Significant Other Observable Input |  | Significant Other Unobservable Inputs |  |
|  | (Level 1) |  | (Level 2) |  | (Level 3) |  |
|  | (in thousands) |  |
Liabilities |  |  |  |  |  |  |  |
Public Warrants |  | $ | 8,697 |  |  | $ | — |  |  | $ | — |  |  |
Private Placement Warrants |  | — |  |  | — |  |  | 3,496 |  |  |
Sponsor Shares |  | — |  |  | — |  |  | 4,732 |  |  |
|  | $ | 8,697 |  |  | $ | — |  |  | $ | 8,228 |  |  |
Schedule of change sin the fair value of Level 3 liabilities | The following is a summary of changes in the fair value of the Level 3 liabilities during the three months ended March 31, 2022:
| Sponsor Shares |  | Private Placement Warrants
| (in thousands)
Balance, January 1, 2022 | $ | 4,732 |  |  | $ | 3,496 |
Gain from changes in fair value | (2,455) |  |  | (1,415) |
Balance, March 31, 2022 | $ | 2,277 |  |  | $ | 2,081 |

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- Definition Tabular disclosure of liabilities, 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). Where the quoted price in an active market for the identical liability is not available, the Level 1 input is the quoted price of an identical liability when traded as an asset. + 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 (b) -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 2 -Subparagraph (a) -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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