v3.26.1
Fair Value (Tables)
 6 Months Ended
Jun. 30, 2026
Disclosure of detailed information about financial instruments [abstract]  
Schedule of Fair Value Hierarchy for Financial Assets Measured at Fair Value on a Recurring Basis
The following table presents the Company’s fair value hierarchy for its financial assets and financial liabilities that were measured at fair value on a recurring basis (in USD thousands):

June 30, 2026
Level 1Level 2Level 3
Financial assets:
Cash and cash equivalents:
Money market funds$46,673 $— $— 
Equity Investments:
Equity Investments$— $1,936 $— 
Total financial assets$46,673 $1,936 $— 
Financial liabilities:
Warrant obligation:
Perceptive Credit Holdings warrants$— $2,144 $— 
Total financial liabilities$— $2,144 $— 

December 31, 2025
Level 1Level 2Level 3
Financial assets:
Cash and cash equivalents:
Money market funds$27,528 $— $— 
Equity Investments:
Equity Investments$— $1,977 $— 
Total financial assets$27,528 $1,977 $— 
Financial liabilities:
Warrant obligation:
Perceptive Credit Holdings warrants$— $1,412 $— 
Total financial liabilities$— $1,412 $— 
Schedule of Fair Value Hierarchy for Financial Liabilities Measured at Fair Value on a Recurring Basis
The following table presents the Company’s fair value hierarchy for its financial assets and financial liabilities that were measured at fair value on a recurring basis (in USD thousands):

June 30, 2026
Level 1Level 2Level 3
Financial assets:
Cash and cash equivalents:
Money market funds$46,673 $— $— 
Equity Investments:
Equity Investments$— $1,936 $— 
Total financial assets$46,673 $1,936 $— 
Financial liabilities:
Warrant obligation:
Perceptive Credit Holdings warrants$— $2,144 $— 
Total financial liabilities$— $2,144 $— 

December 31, 2025
Level 1Level 2Level 3
Financial assets:
Cash and cash equivalents:
Money market funds$27,528 $— $— 
Equity Investments:
Equity Investments$— $1,977 $— 
Total financial assets$27,528 $1,977 $— 
Financial liabilities:
Warrant obligation:
Perceptive Credit Holdings warrants$— $1,412 $— 
Total financial liabilities$— $1,412 $—