Quarterly report pursuant to Section 13 or 15(d)

Derivative Liabilities (Tables)

v3.23.2
Derivative Liabilities (Tables)
 6 Months Ended
Jun. 30, 2023
Derivative Liabilities [Abstract]  
Schedule of derivative liabilities The following table sets forth a summary of the changes in the fair value of Level 3 derivative liabilities (except the Public SPAC Warrants as defined below, which are Level 1 derivative liabilities) that are measured at fair value on a recurring basis:
    Warrants        
    Public     Private                    
    SPAC     SPAC     PIPE     Other     Total  
Balance as of January 1, 2023     $ 31,625     $ 1,256     $ 42,100     $ 400     $ 75,381  
Change in fair value of derivative liabilities     (21,390 )     (1,005 )     (30,600 )     (328 )     (53,323 )
Balance as of March 31, 2023   $ 10,235     $ 251     $ 11,500     $ 72     $ 22,058  
Change in fair value of derivative liabilities     (4,600 )     (251 )     (9,500 )     (66 )     (14,417 )
Balance as of June 30, 2023   $ 5,635     $ -     $ 2,000     $ 6     $ 7,641  
Schedule of option pricing models The following table sets forth a summary of the changes in the fair value of Level 3 derivative liabilities (except the Public SPAC Warrants as defined below, which are Level 1 derivative liabilities) that are measured at fair value on a recurring basis:
    June 30,
2023		  
Risk-free interest rate     4.62% - 5.40%
Expected term in years     1.09 – 2.65  
Expected volatility     100.0% - 112.5%
Expected dividends     0%
Market Price   $1.17
    December 31,
2022		  
Risk-free interest rate     2.30% - 4.50%
Expected term in years     1.59 – 3.90  
Expected volatility     76.0% - 105.0%
Expected dividends     0%
Market Price   $3.39