v3.25.2
Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2025
Fair Value Disclosures [Abstract]  
Schedule of Fair Value Measurements, Recurring
The following table presents the Company’s liabilities that are measured at fair value on a recurring basis and the level within the fair value hierarchy (in thousands):
June 30,December 31,
Level 1Level 2Level 32025Level 1Level 2Level 32024
Contingent earnout consideration$— $— $— $— $— $— $127 $127 
Total $— $— $— $— $— $— $127 $127 
Schedule of Valuation Techniques
December 31, 2024
Risk-free interest rate4.30 %
Expected volatility65.0 %
Term until liquidation (years)0.38 
Stock price $9.53 
Discount rate8.00 %
Schedule of Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
The following table presents the changes in balances of liabilities for the three and six months ended June 30, 2025 and 2024 classified as Level 3 (in thousands):
Three months ended June 30,Six months ended June 30,
2025202420252024
Balance - beginning of period$$30 $127 $56 
Expiration of contingent earnout consideration(2)— (127)— 
Change in fair value of contingent earnout consideration— — — (26)
Balance - end of period$— $30 $— $30