v3.26.1
FAIR VALUE MEASUREMENTS (Tables)
6 Months Ended
Jun. 30, 2026
Fair Value Disclosures [Abstract]  
Schedule of Fair Value Instruments Measured at Fair Value on Non-Recurring Basis
The following table presents the Company’s financial instruments measured at fair value on a recurring basis and their level within the hierarchy as of June 30, 2026 and December 31, 2025 (in thousands):
Fair Value Measured as of June 30, 2026
Carrying ValueLevel 1Level 2Level 3
Digital assets$133 $133 $— $— 
Restricted trust investments20,058 20,058 — — 
Warrant liabilities1,816,690 — — 1,816,690 
$1,836,881 $20,191 $— $1,816,690 
Fair Value Measured as of December 31, 2025
Carrying ValueLevel 1Level 2Level 3
Digital assets$270 $270 $— $— 
Warrant liabilities844,698 — — 844,698 
$844,968 $270 $— $844,698