The following summarizes assets and liabilities that are measured at fair value on a recurring basis, by level, within the fair value hierarchy (in thousands):


	As of June 30, 2025
	Level 1		Level 2		Level 3		Total
Assets
Money market funds(1)	$	12,624	$	—	$	—	$	12,624
	$	12,624	$	—	$	—	$	12,624

Liabilities
Public warrant liability(2)	$	85	$	—	$	—	$	85
Private warrant liability(2)	—		46		—		46
	$	85	$	46	$	—	$	131


	As of March 31, 2025
	Level 1		Level 2		Level 3		Total
Assets
Money market funds(1)	$	24,506	$	—	$	—	$	24,506
	$	24,506	$	—	$	—	$	24,506
Liabilities
Public warrant liability(2)	$	593	$	—	$	—	$	593
Private warrant liability(2)	—		319		—		319
	$	593	$	319	$	—	$	912

(1)As of June 30, 2025 and March 31, 2025, the Company had cash equivalents held in a money market account. The Company has concluded that due to the highly liquid nature of the money market account, the carrying value approximates fair value, which represents a Level 1 input. The balance of cash equivalents held in the money market account is included in cash and cash equivalents.