Quarterly report pursuant to Section 13 or 15(d)

Stock Warrants and Earnout Shares (Tables)

v3.22.1
Stock Warrants and Earnout Shares (Tables)
3 Months Ended
Mar. 31, 2022
Warrants and Rights Note Disclosure [Abstract]  
Schedule of Assumptions Used to Estimate Fair Value of The Total Earnout Shares Liability

Assumptions used in the valuation are as follows:

 

 

 

March 31, 2022

 

 

December 31, 2021

 

Expected volatility

 

 

61.90

%

 

 

72.10

%

Risk-free interest rate

 

 

2.34

%

 

 

1.51

%

Dividend rate

 

 

0.00

%

 

 

0.00

%

Expected term (years)

 

 

9.36

 

 

 

9.61