FAIR VALUE MEASUREMENTS - Summary of the changes in the fair value of level 3 Warrant Liabilities (Details) - USD ($) |
3 Months Ended | 6 Months Ended | 9 Months Ended | |
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Sep. 30, 2021 |
Mar. 31, 2021 |
Sep. 30, 2021 |
Sep. 30, 2021 |
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FAIR VALUE MEASUREMENTS | ||||
Fair value beginning | $ 13,580,000 | $ 9,894,000 | $ 13,580,000 | |
Change in fair value | (3,686,000) | |||
Transfers out of Level 3 to Level 2 | $ (9,894,000) | $ (9,894,000) | $ (9,894,000) | |
Fair value ending | $ 9,894,000 |
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- References No definition available.
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- Definition Amount of transfers of financial instrument classified as an asset out of level 3 of the fair value hierarchy. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of gain (loss) recognized in income from liability measured at fair value on recurring basis using unobservable input (level 3). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Fair value of financial instrument classified as a liability measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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