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Fair Value Measurements (Tables) | 3 Months Ended
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Mar. 31, 2023
Fair Value Disclosures [Abstract] |
Schedule of financial assets and liabilities |
|  | March 31, 2023 |
|  | Level 1 |  |  | Level 2 |  |  | Level 3 |  |  | Total |
Financial assets |  |  |  |  |  |  |  |  |  |  |  |
Money market funds |  | $ | 126,836 |  |  | $ | - |  |  | $ | - |  |  | $ | 126,836 |
Total fair value of assets |  | $ | 126,836 |  |  | $ | - |  |  | $ | - |  |  | $ | 126,836 |
Financial liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Earnout liability |  | $ | - |  |  | $ | - |  |  | $ | 782 |  |  | $ | 782 |
Total fair value of financial liabilities |  | $ | - |  |  | $ | - |  |  | $ | 782 |  |  | $ | 782 |
|  | December 31, 2022 |
|  | Level 1 |  |  | Level 2 |  |  | Level 3 |  |  | Total |
Financial assets |  |  |  |  |  |  |  |  |  |  |  |
Money market funds |  | $ | 37,250 |  |  | $ | - |  |  | $ | - |  |  | $ | 37,250 |
Total fair value of assets |  | $ | 37,250 |  |  | $ | - |  |  | $ | - |  |  | $ | 37,250 |
Financial liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Common stock warrant liability |  | $ | 150 |  |  | $ | - |  |  | $ | - |  |  | $ | 150 |
Earnout liability |  |  | - |  |  |  | - |  |  |  | 18 |  |  |  | 18 |
Total fair value of financial liabilities |  | $ | 150 |  |  | $ | - |  |  | $ | 18 |  |  | $ | 168 |
Schedule of changes in the fair value of the company’s Level 3 financial liabilities |
|  | Earnout Liability |
Fair Value as of January 1, 2022 |  | $ | 5,743 |
Change in the fair value included in other income |  |  | (4,593 | )
Fair Value as of March 31, 2022 |  | $ | 1,150 |
Fair Value as of January 1, 2023 |  | $ | 18 |
Change in the fair value included in other expense |  |  | 764 |
Fair Value as of March 31, 2023 |  | $ | 782 |
Schedule of fair value measurements |
|  | Fair value (in thousands) |  |  | Valuation methodology |  | Significant unobservable input
Earnout liability |  | $ | 782 |  |  | Monte Carlo Simulation |  | Common stock price |  | $ | 1.81 |
|  |  |  |  |  |  |  | Expected term (in years) |  |  | 1.49 |
|  |  |  |  |  |  |  | Expected volatility |  |  | 140.0 | %
|  |  |  |  |  |  |  | Risk-free interest rate |  |  | 4.26 | %
|  | Fair value (in thousands) |  |  | Valuation methodology |  | Significant unobservable input
Earnout liability |  | $ | 18 |  |  | Monte Carlo Simulation |  | Common stock price |  | $ | 0.48 |
|  |  |  |  |  |  |  | Expected term (in years) |  |  | 1.73 |
|  |  |  |  |  |  |  | Expected volatility |  |  | 105.0 | %
|  |  |  |  |  |  |  | Risk-free interest rate |  |  | 4.40 | %

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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 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (bbb) -SubTopic 10 -Topic 820 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482106/820-10-50-2 + Details
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- Definition Tabular disclosure of the reconciliation of beginning and ending balances of the fair value of plan assets of pension plans and/or other employee benefit plans showing separately, if applicable, the effects during the period attributable to each of the following: actual return on plan assets, foreign currency exchange rate changes, contributions by the employer, contributions by plan participants, benefits paid, business combinations, divestitures, and settlements. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 715 -SubTopic 20 -Subparagraph (b) -Name Accounting Standards Codification -Paragraph 1 -Section 50 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480506/715-20-50-1 + 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 -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482106/820-10-50-2 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482106/820-10-50-2 + Details
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