Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Tables)

v3.22.1
Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2022
Fair Value Disclosures [Abstract]  
Summary of Fair Value Hierarchy
The following table presents the Company's fair value hierarchy for financial liabilities:
Fair Value Measurements as of March 31, 2022
Level 1 Level 2 Level 3 Total
Liabilities:
Warrants
Public Warrant liability $ 51,405  $ —  $ —  $ 51,405 
Private Warrant liability $ —  $ —  $ 47,188  $ 47,188 
Earn-out Tier 2 $ —  $ —  $ 217,404  $ 217,404 
Derivative liability $ —  $ —  $ 17,248  $ 17,248 
Summary of Fair Value Measurement Inputs
Volatility is a significant unobservable input assumed for each fair value measurement as disclosed in the table below:

March 31, 2022
Input
Liabilities:
Private warrants 50.00  %
Second Tier Vesting Event 50.00  %
Derivative liability 135.00  %