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Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2022
Fair Value Disclosures [Abstract]  
Summary of Changes in Fair Value of Earnout Liabilities

The following table provides a summary of the changes in fair value of the earnout liabilities for the three and six months ended June 30, 2022:

 

  

Three months

ended

June 30, 2022

 
Fair value at March 31, 2022  $1,694,885 
Payment   (1,018,333)
Change in fair value   52,301 
Fair value at June 30, 2022  $728,853 

 

  

Six months

ended

June 30, 2022

 
Fair value at December 31, 2021  $1,630,681 
Payment   (1,018,333)
Change in fair value   116,505 
Fair value at June 30, 2022  $728,853 

 

 

  

Three months

ended

June 30, 2021

 
Fair value at March 31, 2021  $2,513,950 
Payment   (954,733)
Change in fair value   7,261 
Fair value at June 30, 2021  $1,566,478 

 

  

Six months

ended

June 30, 2021

 
Fair value at December 31, 2020  $2,444,000 
Payment   (954,733)
Change in fair value   77,211 
Fair value at June 30, 2021  $1,566,478