v3.25.1
Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2024
Accounting Policies [Abstract]  
Schedule of restricted cash and cash equivalents
               
    December 31,  
(Amounts in thousands)   2024     2023  
Cash and cash equivalents   $ 381     $ 3,200  
Restricted cash, current     -       100  
Restricted cash, non-current     -       750  
Cash, cash equivalents, restricted cash and restricted cash equivalents   $ 381     $ 4,050  
Schedule of liabilities measured at fair value on recurring basis
                 
    As of
December 31,
2024
 
(Amounts in thousands)   Fair Value     Unobservable Inputs
(Level 3)
 
Assets                
Available for sale financial asset   $ -     $ -  
    $ -     $ -  
                 
Liabilities                
Warrant liability   $ -     $ -  
    $ -     $ -  

 

    As of
December 31,
2023
 
(Amounts in thousands)   Fair Value     Unobservable Inputs
(Level 3)
 
Assets                
Available for sale financial asset   $ -     $ -  
    $ -     $ -  
                 
Liabilities                
Warrant liability   $ 59     $ 59  
    $ 59     $ 59  
Schedule of change in fair value of warrant liability
               
Available for Sale Financial Asset  
(Amounts in thousands)   For the
Year Ended
December 31,
2024
    For the
Year Ended
December 31,
2023
 
Estimated fair value (beginning of period)   $ -     $ 320  
Estimated fair value of available for sale financial asset acquired     -       -  
Foreign exchange fluctuations     -       -  
Change in estimated fair value     -       (320 )
Estimated fair value (end of period)   $ -     $ -  

 

Warrant Liability  
(Amounts in thousands)   For the
Year Ended
December 31,
2024
    For the
Year Ended
December 31,
2023
 
Estimated fair value (beginning of period)   $ 59     $ 998  
Change in estimated fair value     (59 )     (394 )
Reclassification of private placement warrants     -       (545 )
Estimated fair value (end of period)   $ -     $ 59  
Schedule of fair value measurements input
       
Available for Sale Financial Asset  
Interest Rate     8.00 %
Discount Rate     8.00 %
Remaining term (in years)     0.40  

 

Warrant Liability  
Stock price   $ 5.00  
Exercise price (strike price)   $ 345.00  
Risk-free interest rate     4.16 %
Volatility     149.6 %
Remaining term (in years)     1.09