v3.26.1
FAIR VALUE MEASUREMENTS (Tables)
3 Months Ended
Mar. 31, 2026
FAIR VALUE MEASUREMENTS  
Summary of activity within Level 3 of the fair value hierarchy, our liabilities carried at fair value

(in thousands)

Derivative Liability

Balance at January 1,2026

$

Fair value of the derivative liabilities

(1,460)

Total change in the liability included in earnings

 

(3,391)

Reclass from liability to equity

4,851

Balance at March 31, 2026

$

Summary of fair value of the derivative liability determined by using an option pricing model assumptions

March 30

March 18

2026

  ​

2026

Expected term (years)

 

3.00

0.50

Risk-free interest rate

 

3.78%

3.67%

Expected volatility

 

50.0%

50.0%

Expected dividend yield

 

0.0%

0.0%

March 30

2026

Expected term (years)

 

10.00

Risk-free interest rate

 

4.26%

Expected volatility

 

50.0%

Expected dividend yield

 

0.0%