v3.25.2
Fair Value Measurements - Schedule of the Company’s Total Level 3 Liability Activity (Details)
$ in Thousands
6 Months Ended
Jun. 30, 2025
USD ($)
Schedule of the Company’s Total Level 3 Liability Activity [Abstract]  
Fair value as of December 31, 2024 $ 16,067
Initial measurement at time of issuance 17,285 [1]
Change in valuation inputs (4,427) [2]
Fair value as of June 30, 2025 $ 28,925
[1] The Company issued 6.2 million warrants on March 12, 2025, and 14.6 million warrants on May 2, 2025. See Note 11 – Warrant Liabilities.
[2] Changes in valuation inputs are recognized as the change in fair value – warrant liabilities in the unaudited condensed consolidated statement of operations.