v3.26.1
Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2025
Fair Value Disclosures [Abstract]  
Schedule of fair values private warrants were valued using a black-scholes model
Private placement warrants to purchase 529,167 shares of common stock with an exercise price of $92.00 per share, which expired on December 21, 2025, 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
InputDecember 31, 2024
Risk-free rate4.16 %
Remaining term in years0.98
Expected volatility53.7 %
Exercise price$92.00 
Fair value of common stock$2.97 
Schedule of assets and liabilities which are measured at fair value on a recurring basis
The following table sets forth the Company’s assets and liabilities which are measured at fair value on a recurring basis by level within the fair value hierarchy:
Fair Value Measurements as of
December 31, 2025
(Amounts in thousands)Level ILevel IILevel IIITotal
Asset:
Interest rate swaps$— $13,781 $— $13,781 
Money market accounts56,037 — — 56,037 
Total$56,037 $13,781 $— $69,818 
Liabilities:
Interest rate swaps$— $2,178 $— $2,178 
Total$— $2,178 $— $2,178 
Fair Value Measurements as of
December 31, 2024
(Amounts in thousands)Level ILevel IILevel IIITotal
Asset:
Interest rate swaps$— $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