FAIR VALUE MEASUREMENTS (Tables)

3 Months Ended

Mar. 31, 2026

Schedule of Assets Measured or Disclosed at Fair Value on Recurring Basis

The tables below present certain assets and liabilities measured at fair value categorized by the level of input used in the valuation of each asset and liability (in thousands):


	March 31, 2026
	Level 1		Level 2		Level 3		Total Fair Value
Cash equivalents:
Money market funds	$	135,983	$	—	$	—	$	135,983
Long-term liability:
Warrant liability	$	—	$	2,524	$	—	$	2,524

	December 31, 2025
	Level 1		Level 2		Level 3		Total Fair Value
Cash equivalents:
Money market funds	$	172,689	$	—	$	—	$	172,689
Long-term liability:
Warrant liability	$	—	$	2,980	$	—	$	2,980