v3.26.1
Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2026
Fair Value Measurements  
Schedule of Assets/Liabilities Measured at Fair Value on Recurring Basis

Fair Value Measurement at March 31, 2026 and December 31, 2025

(in thousands)

Quoted Price in Active

Market for Identical

Significant Other

Significant

Instruments

Observable Inputs

Unobservable Inputs

 

Level 1

Level 2

Level 3

 

Total

  ​ ​ ​

2026

  ​ ​ ​

2025

2026

2025

2026

  ​ ​ ​

2025

  ​ ​ ​

2026

  ​ ​ ​ 

2025

Assets

  ​

  ​

  ​

  ​

  ​

  ​

  ​

Cash and cash equivalents

$

3,553

(1)

$

3,072

(1)

$

36,626

$

33,716

$

-

$

-

$

40,179

$

36,788

Processa common shares

$

2

(2)

$

2

(2)

$

-

$

-

$

-

$

-

$

2

$

2

(1)

The Company held approximately $3,553 in cash as of March 31, 2026, of which approximately $438 was held in foreign currencies (translated into U.S. dollars). As of December 31, 2025, the Company held approximately $3,072 in cash of which approximately $481 was in foreign currencies (translated into U.S. dollars).

(2)

The Company holds 51 unrestricted common shares of Processa (NASDAQ:PCSA).