Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements and Hierarchy (Tables)

v3.22.2.2
Fair Value Measurements and Hierarchy (Tables)
3 Months Ended
Mar. 31, 2022
Class of Warrant or Right [Line Items]  
Schedule of carrying amounts of financial instruments

​

​

​

​

​

​

​

​

​

​

Successor

​

    

March 31, 2022

    

December 31, 2021

Financial assets:

 

​

  

 

​

  

Cash

​

$

110,345,801

​

$

140,477,586

Restricted cash

​

 

356,242

​

 

356,286

Clinics fees and insurance receivables, net

​

 

767,396

​

 

1,090,104

Other receivables

​

 

587,833

​

 

726,903

Financial liabilities:

​

 

  

​

 

  

Accounts payable and accrued expenses

​

 

21,726,910

​

 

17,730,683

Warrant liabilities

​

 

17,244,101

​

 

11,382,826

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

​

​

​

​

​

​

​

​

​

​

​

​

​

​

    

Level 1

    

Level 2

    

Level 3

    

Total

Warrant liability as of March 31, 2022,

​

$

16,761,251

​

$

—

 

482,850

​

$

17,244,101

Warrant liability as of December 31, 2021

​

 

10,880,550

​

 

—

 

502,276

​

 

11,382,826

Schedule of changes in the fair value of financial liabilities

​

​

​

​

​

​

​

​

​

​

Successor

​

Predecessor

​

​

Three Months Ended

​

Three Months Ended

​

    

March 31, 2022

    

March 31, 2021

Beginning Balance of Private Warrant Liability

​

$

502,276

​

$

6,316,605

Mark-to-Market Adjustment for Stock Warrants

​

 

(19,426)

​

 

9,537,996

Ending Balance of Private Warrant Liability

​

$

482,850

​

$

15,854,601

Private Placement Warrants  
Class of Warrant or Right [Line Items]  
Schedule of Level 3 inputs into option pricing model

The key Level 3 inputs into the option pricing model as of March 31, 2022, relating to the Private Placement Warrants to purchase Class A Common Stock were as follows:

​

​

​

​

​

Volatility

    

​

60.00

%

Risk-Free Interest rate

 

​

2.42

%

Exercise Price

​

$

11.50

​

Expected Term

 

​

4.7 Years

​

​

The key Level 3 inputs into the option pricing model as of December 31, 2021, relating to the Private Placement Warrants to purchase Class A Common Stock were as follows:

​

​

​

​

​

Volatility

    

​

60.00

%

Risk-Free Interest rate

 

​

1.26

%

Exercise Price

 

$

11.50

​

Expected Term

 

​

4.9 Years

​