v3.25.1
Fair Value Measurements (Tables)
 3 Months Ended
Mar. 31, 2025
Fair Value Disclosures [Abstract]  
Schedule of fair values private warrants were valued using a black-scholes model
The Company’s private warrants, which had nominal value as of March 31, 2025 and December 31, 2024, were valued using a Black-Scholes model, pursuant to the inputs provided in the table below:
Assumptions for Assets and Liabilities Measured at Fair Value on a Recurring Basis
InputMarch 31, 2025December 31, 2024
Risk-free rate4.07 %4.16 %
Remaining term in years0.71.0
Expected volatility50.6 %53.7 %
Exercise price$92.00 $92.00 
Fair value of common stock$2.41 $2.97 
Schedule of assets and liabilities which are measured at fair value on a recurring basis
The following table sets forth the Company’s assets and liabilities which are measured at fair value on a recurring basis by level within the fair value hierarchy:
Fair Value Measurements as of
March 31, 2025
(Amounts in thousands)Level ILevel IILevel IIITotal
Asset:
Interest rate swaps$— $19,648 $— $19,648 
Money market accounts66,683 — — 66,683 
Total$66,683 $19,648 $— $86,331 
Liabilities:
Interest rate swaps$— $1,598 $— $1,598 
Total$— $1,598 $— $1,598 
Fair Value Measurements as of
December 31, 2024
(Amounts in thousands)Level ILevel IILevel IIITotal
Asset:
Interest rate swaps$— $24,672 $— $24,672 
Money market accounts72,142 — — 72,142 
Total$72,142 $24,672 $— $96,814 
Liabilities:
Interest rate swaps$— $385 $— 385 
Total$— $385 $— $385