v3.26.1
Fair Value Measurement (Tables)
 3 Months Ended
Mar. 31, 2026
Fair Value Disclosures [Abstract]  
Schedule of Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis

The following table summarizes the Company’s financial assets and liabilities measured at fair value on a recurring basis and classified under the appropriate level of the fair value hierarchy:

 

 

As of March 31, 2026

 

 

Total

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

($'000)

 

 

($'000)

 

 

($'000)

 

 

($'000)

 

Financial assets

 

 

 

 

 

 

 

 

 

 

 

 

Cash equivalents (investments in money market funds)

 

 

23,589

 

 

 

—

 

 

 

23,589

 

 

 

—

 

Financial liabilities

 

 

 

 

 

 

 

 

 

 

 

 

Warrant liabilities

 

 

21

 

 

 

—

 

 

 

21

 

 

 

—

 

 

 

As of December 31, 2025

 

 

Total

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

($'000)

 

 

($'000)

 

 

($'000)

 

 

($'000)

 

Financial assets

 

 

 

 

 

 

 

 

 

 

 

 

Cash equivalents (investments in money market funds)

 

 

22,749

 

 

 

—

 

 

 

22,749

 

 

 

—

 

Financial liabilities

 

 

 

 

 

 

 

 

 

 

 

 

Warrant liabilities

 

 

38

 

 

 

—

 

 

 

38

 

 

 

—