FAIR VALUE MEASUREMENTS (Tables)

6 Months Ended

Jun. 30, 2026

Schedule of Assets Measured or Disclosed at Fair Value on Recurring Basis

The tables below present certain assets and liabilities measured at fair value categorized by the level of input used in the valuation of each asset and liability (in thousands):


	June 30, 2026
	Level 1		Level 2		Level 3		Total Fair Value
Cash equivalents:
Money market funds	$	137,227	$	—	$	—	$	137,227
Long-term liability:
Warrant liability	$	—	$	1,958	$	—	$	1,958

	December 31, 2025
	Level 1		Level 2		Level 3		Total Fair Value
Cash equivalents:
Money market funds	$	172,689	$	—	$	—	$	172,689
Long-term liability:
Warrant liability	$	—	$	2,980	$	—	$	2,980