Post-effective amendment to a registration statement that is not immediately effective upon filing

Equity (Tables)

v3.22.1
Equity (Tables)
12 Months Ended
Dec. 31, 2021
Class of Stock [Line Items]  
Summary of activity for warrants

    

Weighted

    

    

Average

Weighted

(in thousands)

Remaining

Average

Aggregate

    

Total Warrants

Term

Exercise Price

Intrinsic Value

Outstanding as of December 31, 2020 (as previously reported)

620,055

 

11.08

$

14.61

$

22,128

Retroactive application of reverse recapitalization (Note 4)

2,455,415

(13.53)

Outstanding as of December 31, 2020, effect of Merger (Note 4)

3,075,470

4.34

1.09

150,956

Issued

6,193,449

1.90

4.62

115,941

Assumed

3,586,250

5.00

11.50

45,725

Exercised

(3,330,956)

(3.19)

(67,412)

Forfeited

(218,423)

(1.53)

(1,501)

Outstanding as of December 31, 2021

9,305,790

3.62

9.09

4,942

Substitute Warrants  
Class of Stock [Line Items]  
Schedule of Assumptions

    

Original Warrants

    

Substitute Warrants

 

Strike price

$7.58-$15.84

$1.53-$3.19

Volatility rate

 

80.0%

 

80.0%

Risk-free rate

 

0.03%-0.32%

 

0.03%-0.32%

Expected term

 

0.57-4.42

 

0.57-4.42

Dividend yield