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Fair Value Measurements (Tables) | 6 Months Ended
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Jun. 30, 2022
Fair Value Disclosures [Abstract] |
Summary of Assets and Liabilities Fair Value Measurement | The following table presents information about the Company's assets and liabilities measured and reported in the financial statements at fair value on a recurring basis and indicates the fair value hierarchy of the valuation techniques utilized to determine such fair value.
| June 30, 2022
| Level 1 |  | Level 2 |  | Level 3 |  | Balance
Assets: |  |  |  |  |  |  |
Money market funds | $ | 37,208 |  | $ | — |  | $ | — |  | $ | 37,208
Total assets | $ | 37,208 |  | $ | — |  | $ | — |  | $ | 37,208
Liabilities: |  |  |  |  |  |  |
Common stock warrant liability - public warrants | $ | 3,257 |  |  | $ | — |  |  | $ | — |  |  | $ | 3,257 |
Common stock warrant liability - private placement warrants | — |  |  | 1,869 |  |  | — |  |  | 1,869 |
Total liabilities | $ | 3,257 |  | $ | 1,869 |  | $ | — |  | $ | 5,126
| December 31, 2021
| Level 1 |  | Level 2 |  | Level 3 |  | Balance
Assets: |  |  |  |  |  |  |
Money market funds | $ | 94,973 |  |  | $ | — |  |  | $ | — |  |  | $ | 94,973 |
Total assets | $ | 94,973 |  | $ | — |  | $ | — |  | $ | 94,973
Liabilities: |  |  |  |  |  |  |
Common stock warrant liability - public warrants | $ | 4,486 |  |  | $ | — |  |  | $ | — |  |  | $ | 4,486 |
Common stock warrant liability - private placement warrants |  |  | 2,575 |  |  |  | 2,575
Total liabilities | $ | 4,486 |  | $ | 2,575 |  | $ | — |  | $ | 7,061
Schedule of Black-Scholes Option Pricing Model Assumptions | The Company re-measured the preferred stock warrant liability to its estimated fair value as of June 30, 2021, using the Black-Scholes option pricing model with the following assumptions:
| June 30, 2021
Series A preferred stock value per share | $ | 20.48 |
Exercise price of warrants | $ | 0.76 |
Term in years | 5.25
Risk-free interest rate | 0.91 | %
Volatility | 66.00 | %
Dividend yield | 0.00 | %
Reconciliation of Preferred Stock Warrant Liability Measured at Fair Value on a Recurring Basis Using Significant Unobservable Inputs (Level 3) | The following table presents a reconciliation of the Company’s preferred stock warrant liability measured at fair value on a recurring basis using significant unobservable inputs (Level 3) as of June 30, 2021:
| Preferred Stock Warrant Liability
Balance as of December 31, 2020 | $ | 2,993 |
Change in fair value included in other income | 5,578 |
Balance as of June 30, 2021 | $ | 8,571 |

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- Definition Tabular disclosure of financial instruments measured at fair value, including those classified in shareholders' equity measured on a recurring or nonrecurring basis. Disclosures include, but are not limited to, fair value measurements recorded and the reasons for the measurements, level within the fair value hierarchy in which the fair value measurements are categorized and transfers between levels 1 and 2. Nonrecurring fair value measurements are those that are required or permitted in the statement of financial position in particular circumstances. + 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 https://asc.fasb.org/extlink&oid=126976982&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 https://asc.fasb.org/extlink&oid=126976982&loc=d3e19279-110258 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2C -URI https://asc.fasb.org/extlink&oid=126976982&loc=SL7498348-110258 Reference 4: 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 https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (bb) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 + 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 https://asc.fasb.org/extlink&oid=126976982&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 https://asc.fasb.org/extlink&oid=126976982&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 https://asc.fasb.org/extlink&oid=126976982&loc=d3e19279-110258 + Details
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