XML 61 R51.htm IDEA: XBRL DOCUMENT
v3.23.2

Fair Value Measurements - Schedule of liabilities measured at fair value on the condensed consolidated balance sheet (Details) - USD ($) | 3 Months Ended | 6 Months Ended |
--- | --- | --- | ---
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | Dec. 31, 2022
Recurring fair value measurements |  |  |  |  |
Total recurring fair value measurements | $ 643,854 |  | $ 643,854 |  | $ 580,109
Recurring fair value measurements, gains (losses) during period | 226,853 | $ 4,552,464 | (63,745) | $ 9,381,936 |
Derivative liability - non-controlling redeemable preferred shares |  |  |  |  |
Recurring fair value measurements |  |  |  |  |
Total recurring fair value measurements | 353,006 |  | 353,006 |  | 359,225
Recurring fair value measurements, gains (losses) during period | 83,059 | (32,536) | 6,219 | 20,936 |
Private warrants |  |  |  |  |
Recurring fair value measurements |  |  |  |  |
Total recurring fair value measurements | 216 |  | 216 |  | 2,000
Recurring fair value measurements, gains (losses) during period | 784 | 251,000 | 1,784 | 684,000 |
Stonepeak and Evolve unvested warrants |  |  |  |  |
Recurring fair value measurements |  |  |  |  |
Total recurring fair value measurements | 0 |  | 0 |  | 0
Recurring fair value measurements, gains (losses) during period | 0 | 4,334,000 | 0 | 8,677,000 |
Institutional/Accredited Investor warrants |  |  |  |  |
Recurring fair value measurements |  |  |  |  |
Total recurring fair value measurements | 290,632 |  | 290,632 |  | 218,884
Recurring fair value measurements, gains (losses) during period | 143,010 | $ 0 | (71,748) | $ 0 |
Level 1: Quoted Prices in Active Markets for Identical Assets |  |  |  |  |
Recurring fair value measurements |  |  |  |  |
Total recurring fair value measurements | 0 |  | 0 |  | 0
Level 1: Quoted Prices in Active Markets for Identical Assets | Derivative liability - non-controlling redeemable preferred shares |  |  |  |  |
Recurring fair value measurements |  |  |  |  |
Total recurring fair value measurements | 0 |  | 0 |  | 0
Level 1: Quoted Prices in Active Markets for Identical Assets | Private warrants |  |  |  |  |
Recurring fair value measurements |  |  |  |  |
Total recurring fair value measurements | 0 |  | 0 |  | 0
Level 1: Quoted Prices in Active Markets for Identical Assets | Stonepeak and Evolve unvested warrants |  |  |  |  |
Recurring fair value measurements |  |  |  |  |
Total recurring fair value measurements | 0 |  | 0 |  | 0
Level 1: Quoted Prices in Active Markets for Identical Assets | Institutional/Accredited Investor warrants |  |  |  |  |
Recurring fair value measurements |  |  |  |  |
Total recurring fair value measurements | 0 |  | 0 |  | 0
Level 2: Significant Other Observable Inputs |  |  |  |  |
Recurring fair value measurements |  |  |  |  |
Total recurring fair value measurements | 0 |  | 0 |  | 0
Level 2: Significant Other Observable Inputs | Derivative liability - non-controlling redeemable preferred shares |  |  |  |  |
Recurring fair value measurements |  |  |  |  |
Total recurring fair value measurements | 0 |  | 0 |  | 0
Level 2: Significant Other Observable Inputs | Private warrants |  |  |  |  |
Recurring fair value measurements |  |  |  |  |
Total recurring fair value measurements | 0 |  | 0 |  | 0
Level 2: Significant Other Observable Inputs | Stonepeak and Evolve unvested warrants |  |  |  |  |
Recurring fair value measurements |  |  |  |  |
Total recurring fair value measurements | 0 |  | 0 |  | 0
Level 2: Significant Other Observable Inputs | Institutional/Accredited Investor warrants |  |  |  |  |
Recurring fair value measurements |  |  |  |  |
Total recurring fair value measurements | 0 |  | 0 |  | 0
Level 3: Significant Unobservable Inputs |  |  |  |  |
Recurring fair value measurements |  |  |  |  |
Total recurring fair value measurements | 643,854 |  | 643,854 |  | 580,109
Level 3: Significant Unobservable Inputs | Derivative liability - non-controlling redeemable preferred shares |  |  |  |  |
Recurring fair value measurements |  |  |  |  |
Total recurring fair value measurements | 353,006 |  | 353,006 |  | 359,225
Level 3: Significant Unobservable Inputs | Private warrants |  |  |  |  |
Recurring fair value measurements |  |  |  |  |
Total recurring fair value measurements | 216 |  | 216 |  | 2,000
Level 3: Significant Unobservable Inputs | Stonepeak and Evolve unvested warrants |  |  |  |  |
Recurring fair value measurements |  |  |  |  |
Total recurring fair value measurements | 0 |  | 0 |  | 0
Level 3: Significant Unobservable Inputs | Institutional/Accredited Investor warrants |  |  |  |  |
Recurring fair value measurements |  |  |  |  |
Total recurring fair value measurements | $ 290,632 |  | $ 290,632 |  | $ 218,884

X
- References No definition available. + Details
Name: | nvve_RecurringFairValueMeasurementsAbstract
Namespace Prefix: | nvve_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Fair value of obligations measured on a recurring basis. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482106/820-10-50-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -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
Name: | us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisObligations
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of gain (loss) recognized in income from liability measured at fair value on recurring basis using unobservable input (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 (c)(1) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482106/820-10-50-2 + Details
Name: | us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Details
Name: | us-gaap_StatementClassOfStockAxis=us-gaap_RedeemablePreferredStockMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_SubsidiarySaleOfStockAxis=nvve_PrivateWarrantsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_SubsidiarySaleOfStockAxis=nvve_StonePeakAndEvolveWarrantsRestatedMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_SubsidiarySaleOfStockAxis=nvve_July2022WarrantsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel1Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |