v3.26.1
Fair Value of Financial Instruments (Tables)
6 Months Ended
Jun. 30, 2026
Fair Value Disclosures [Abstract]  
Schedule of financial assets carried at fair value The following tables set forth the Company’s financial assets carried at fair value categorized using the lowest level of input applicable to each financial instrument as of June 30, 2026 and December 31, 2025 (in thousands):
June 30, 2026
Level 1Level 2Level 3Total
Assets:
Money market funds$156,272 $— $— $156,272 
Total Assets$156,272 $— $— $156,272 
December 31, 2025
Level 1Level 2Level 3Total
Assets:
Money market funds$124,522 $— $— $124,522 
Total Assets$124,522 $— $— $124,522 
Schedule of changes in fair value for warrant liability The following table shows the changes in fair value measurements using significant unobservable inputs (Level 3) for the warrant liability during the three and six months ended June 30, 2026 and June 30, 2025:
DescriptionThree Months Ended June 30, 2026Six Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2025
Beginning balance$— $— $824 $61 
Change in fair value— 423 1,272 2,035 
Issuance of warrant— (423)— — 
Ending balance$— $— $2,096 $2,096