Fair Value of Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2026

Fair Value Disclosures [Abstract]

Schedule of Company's Classified Assets Measured at Fair Value on Recurring Basis

At March 31, 2026 and December 31, 2025, the Company has classified assets and liabilities measured at fair value on a recurring basis as follows (in thousands):


		Fair Value Measurements at Reporting Date Using
		March 31,				Quoted Prices in Active Markets for Identical Assets				Significant Other Observable Inputs				Significant Unobservable Inputs
Description		2026				(Level 1)				(Level 2)				(Level 3)
Assets:
Money market funds		$	14,105			$	14,105			$	—			$	—
Total		$	14,105			$	14,105			$	—			$	—
Liabilities:
Purchase warrant liability		$	694			$	—			$	—			$	694
Total		$	694			$	—			$	—			$	694

		Fair Value Measurements at Reporting Date Using
		December 31,				Quoted Prices in Active Markets for Identical Assets				Significant Other Observable Inputs				Significant Unobservable Inputs
Description		2025				(Level 1)				(Level 2)				(Level 3)
Assets:
Money market funds		$	14,668			$	14,668			$	—			$	—
Total		$	14,668			$	14,668			$	—			$	—
Liabilities:
Purchase warrant liability		$	2,566			$	—			$	—			$	2,566
Total		$	2,566			$	—			$	—			$	2,566

Schedule of Assumptions Used in Determining Fair Value of Warrants

The assumptions used in the Black-Scholes option-pricing model for the purchase warrants on the consolidated balance sheets at March 31, 2026 and December 31, 2025 are included below:


		March 31, 2026				December 31, 2025
Expected Term		2.5 years				2.75 years
Weighted-average, risk free interest rate			3.8	%			3.5	%
Expected volatility			86.9	%			89.4	%
Dividend yield			—				—
Strike price		$	3.41			$	3.41
Stock price		$	0.61			$	1.12