Evolv Technologies Holdings, Inc. General form of registration statement for all companies including face-amount certificate companies

General form of registration statement for all companies including face-amount certificate companies

Fair Value Measurements (Tables)

Fair Value Measurements (Tables)

3 Months Ended

11 Months Ended

12 Months Ended

Mar. 31, 2021

Dec. 31, 2020

Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]

Schedule of financial assets and liabilities measured at fair value on a recurring basis


					Quoted Price
	Carrying		Gross		Prices in
	value at		Unrealized		Active
	March 31,		Holding		Markets
Description	2021		Gains		(Level 1)
Assets:
Cash and money market funds	$	1,000	$	—	$	1,000
U.S. government treasury bills		172,597,000		4,000		172,601,000
Total	$	172,598,000	$	4,000	$	172,602,000


	Carrying				Quoted Price
	value at		Gross		Prices in
	December 31,		Unrealized		Active Markets
Description	2020		Holding Gains		(Level 1)
Assets:
Cash and money market funds	$	1,000	$	—	$	1,000
U.S. government treasury bills		172,578,000		—		172,578,000
Total	$	172,579,000	$	—	$	172,579,000

Evolv Technologies Holdings Inc [Member]

Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]

Schedule of financial assets and liabilities measured at fair value on a recurring basis

The following tables present information about the Company’s financial assets and liabilities measured at fair value on a recurring basis and indicate the level of the fair value hierarchy used to determine such fair values (in thousands):


	Fair Value Measurements at March 31, 2021
	Level 1		Level 2		Level 3		Total
Liabilities:
Common Stock Warrant Liability	$	—	$	—	$	737	$	737
Derivative Liability		—		—		9,431		9,431
	$	—	$	—	$	10,168	$	10,168


	Fair Value Measurements as of December 31, 2020
	Level 1		Level 2		Level 3		Total
Liabilities:
Common Stock Warrant Liability	$	—	$	—	$	1	$	1
Derivative Liability		—		—		1,000		1,000
	$	—	$	—	$	1,001	$	1,001


	Fair Value Measurements as of December 31, 2019
	Level 1		Level 2		Level 3		Total
Liabilities:
Warrant Liability	$	—	$	—	$	1	$	1
	$	—	$	—	$	1	$	1


	Fair Value Measurements at December 31, 2020
	Level 1		Level 2		Level 3		Total
Liabilities:
Warrant Liability	$	—	$	—	$	1	$	1
Derivative Liability		—		—		1,000		1,000
	$	—	$	—	$	1,001	$	1,001

Evolv Technologies Holdings Inc [Member] | Common Stock Warrant

Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]

Schedule of common stock warrant liability

The following table provides a rollforward of common stock warrant liability (in thousands):


Balance at December 31, 2020	$	1
Change in fair value		736
Balance at March 31, 2021	$	737

Evolv Technologies Holdings Inc [Member] | Derivative Liability

Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]

Schedule of common stock warrant liability

The following table provides a rollforward of the derivative liability (in thousands):


Balance at December 31, 2020	$	1,000
Initial fair value of the embedded derivative		7,006
Change in fair value		1,425
Balance at March 31, 2021	$	9,431