ACCOUNTING FOR WARRANT LIABILITY - Change in the fair value of warrant liabilities (Details) |
6 Months Ended |
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Jun. 30, 2021
USD ($)
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Public Warrants | |
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] | |
Balance at beginning | $ 12,851,000 |
Change in valuation inputs or other assumptions | 14,921,000 |
Balance at ending | 2,070,000 |
Private Placement Warrants [Member] | |
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] | |
Balance at beginning | 8,668,000 |
Change in valuation inputs or other assumptions | 10,203,000 |
Balance at ending | 1,535,000 |
Warrant Liabilities | |
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] | |
Balance at beginning | 21,519,000 |
Change in valuation inputs or other assumptions | 25,124,000 |
Balance at ending | $ 3,605,000 |
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- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. No definition available.
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- Definition Amount of gain (loss) recognized in income from liability measured at fair value on recurring basis using unobservable input (level 3). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Fair value of financial instrument classified as a liability measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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