v3.26.1
Fair value measurements (Tables)
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Fair Value Disclosures [Abstract]    
Summary of Assets and Liabilities Measured at Fair Value on Recurring Basis

The following table presents the Company’s assets and liabilities that are measured at fair value on a recurring basis (amounts in thousands):

 

 

 

March 31, 2026

 

 

 

(Level 1)

 

 

(Level 2)

 

 

(Level 3)

 

Assets

 

 

 

 

 

 

 

 

 

Money market funds (included in cash equivalents)

 

$

5,401

 

 

$

 

 

$

 

 

 

 

December 31, 2025

 

 

 

(Level 1)

 

 

(Level 2)

 

 

(Level 3)

 

Assets

 

 

 

 

 

 

 

 

 

Money market funds (included in cash equivalents)

 

$

6,265

 

 

$

 

 

$

 

 
Schedule of Change in Fair Value of the Warrant Liabilities   The change in fair value of the warrant liabilities for the quarter ended March 31, 2025 was as follows (amounts in thousands):

 

Balance at December 31, 2024

 

$

1,055

 

Additions

 

 

 

Change in fair value

 

 

(294

)

Reclassification to equity

 

 

(761

)

Balance at March 31, 2025

 

$