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

Stock Warrants (Tables)

v3.21.2
Stock Warrants (Tables)
 6 Months Ended 12 Months Ended
Jun. 30, 2021
Dec. 31, 2020
Fair Value Measurement Inputs and Valuation Techniques [Abstract]    
Summary of Black- Scholes model using the following inputs The fair value is measured at each reporting date using the Black-Scholes model using the following inputs.
 
  
June 30,
 
 
  
2021
 
 
2020
 
Expected (remaining) option term (in years)
  
 
3.69
 
 
 
4.64
 
Expected volatility%
  
 
65.0
% 
 
 
54.3
% 
Risk-free interest rate%
  
 
0.45
% 
 
 
0.29
% 
Expected dividend yield%
  
 
0
% 
 
 
0
% 
Fair value of common stock (per share)
  
$
9.51
 
 
$
2.07
 
The fair value is measured at each reporting date using the Black- Scholes model using the following inputs:
 
    
Year Ended
December 31,
  
    
2020
    
2019
  
Expected (remaining) option term (in years)
      4.13       5.14  
Expected volatility
      55.4 %      52.4 % 
Risk-free interest rate
      0.36 %      1.69 % 
Expected dividend yield
      —   %      —   % 
Fair value of common stock (per share)
      2.93       2.00