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

FAIR VALUE MEASUREMENTS (Tables)

v3.23.1
FAIR VALUE MEASUREMENTS (Tables)
11 Months Ended 12 Months Ended
Dec. 02, 2021
Dec. 31, 2022
Summary of Change in the fair value of the warrant liabilities  

    

Successor

 

  

Predecessor

    

Year

    

December 3, 2021

  

  

Ended

through

December

December 31,

January 1, 2021

31, 2022

2021

through

(Private

(Private

December 2, 2021

Placement

Placement

(Class D

Warrants)

Warrants)

Warrants)

Beginning balance

$

502

$

793

$

6,316

Mark-to-market adjustment of stock warrants

(462)

 

(291)

 

7,665

Ending balance

$

40

$

502

$

13,981

Foresight Acquisition Corp [Member]    
Summary of assets and liabilities that are measured at fair value on a recurring basis

December 2, 

    

Description

    

Level

    

2021

Liabilities:

 

  

 

  

 

  

Warrant Liability – Public Warrants

 

 

1

 

12,860,834

Warrant Liability – Private Placement Warrants

 

 

3

 

288,925

Warrant Liability – Underwriter Warrants

 

 

3

 

63,500

 
Schedule of quantitative information regarding initial measurement

February 12, 2021

 

    

(Initial Measurement)

    

December 3, 2021

Risk-free interest rate

 

0.56

%  

1.13

%

Trading days per year

 

252

 

252

Expected volatility

 

17.8

%  

21.0

%

Exercise price

$

11.50

$

11.50

Stock Price

$

9.65

$

9.48

 
Summary of Change in the fair value of the warrant liabilities

Private

Warrant 

    

Placement

    

Public

    

Liabilities

Fair value as of January 1, 2021

$

$

$

Initial measurement on February 12, 2021 (including over-allotment)

 

280,875

 

10,857,917

 

11,138,792

Change in valuation inputs or other assumptions

$

71,550

$

2,002,917

$

2,074,467

Fair value as of December 2, 2021

$

352,425

$

12,860,834

$

13,213,259