THE BUSINESS COMBINATION (Details Narrative) - USD ($) |
9 Months Ended | |
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Aug. 13, 2021 |
Sep. 30, 2021 |
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Collaborative Arrangement and Arrangement Other than Collaborative [Line Items] | ||
Proceed from business combination | $ 115,500,000 | |
Professional fees | $ 27,000,000.0 | |
Principal amount | $ 50,000,000 | $ 50,000,000 |
Stock options exchanged | 5,815,796 | |
Restricted stock units issued | 1,750,000 | |
Stock reserved for issuance | 4,257,718 | |
Secured Convertible Notes [Member] | ||
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items] | ||
Principal amount | $ 50,000,000 | |
Interest rate | 7.00% | |
Maturity date | Dec. 30, 2024 | |
Conversion price | $ 12.50 | |
P I P E Investor [Member] | ||
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items] | ||
Number of share purchase | 7,500,000 | |
Share purchase price | $ 75,000.0 |
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- Definition This element represents acquisition-related costs incurred to effect a business combination which costs have been expensed during the period. Such costs include finder's fees; advisory, legal, accounting, valuation, and other professional or consulting fees; general administrative costs, including the costs of maintaining an internal acquisitions department; and may include costs of registering and issuing debt and equity securities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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- Definition Aggregate number of common shares reserved for future issuance. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Per share decrease in conversion price of convertible common stock. Excludes change due to standard antidilution provision. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Face (par) amount of debt instrument at time of issuance. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The average effective interest rate during the reporting period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Date when the debt instrument is scheduled to be fully repaid, in YYYY-MM-DD format. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Aggregate cash proceeds received from a combination of transactions in which noncurrent assets are sold, which may include the sale of a business, an investment in an affiliate (including an equity method investee), property, plant and equipment and intangible assets. Excludes sales of trading, available-for-sale, and held-to-maturity securities. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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