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  

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Successor

 

  

Predecessor

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Year

    

December 3, 2021

  

  

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Ended

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through

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December

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December 31,

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January 1, 2021

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31, 2022

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2021

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through

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(Private

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(Private

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December 2, 2021

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Placement

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Placement

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(Class D

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Warrants)

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Warrants)

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Warrants)

Beginning balance

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$

502

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$

793

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$

6,316

Mark-to-market adjustment of stock warrants

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(462)

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(291)

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7,665

Ending balance

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$

40

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$

502

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$

13,981

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

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December 2, 

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Description

    

Level

    

2021

Liabilities:

 

  

 

  

 

  

Warrant Liability – Public Warrants

 

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1

 

12,860,834

Warrant Liability – Private Placement Warrants

 

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3

 

288,925

Warrant Liability – Underwriter Warrants

 

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3

 

63,500

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Schedule of quantitative information regarding initial measurement

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February 12, 2021

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(Initial Measurement)

    

December 3, 2021

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Risk-free interest rate

 

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0.56

%  

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1.13

%

Trading days per year

 

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252

 

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252

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Expected volatility

 

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17.8

%  

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21.0

%

Exercise price

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$

11.50

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$

11.50

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Stock Price

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$

9.65

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$

9.48

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Summary of Change in the fair value of the warrant liabilities

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Private

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Warrant 

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Placement

    

Public

    

Liabilities

Fair value as of January 1, 2021

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$

—

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$

—

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$

—

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

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280,875

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10,857,917

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11,138,792

Change in valuation inputs or other assumptions

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$

71,550

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$

2,002,917

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$

2,074,467

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Fair value as of December 2, 2021

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$

352,425

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$

12,860,834

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$

13,213,259

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