v3.26.1
Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2026
Fair Value Measurements [Abstract]  
Schedule of Liabilities Measured at Fair Value on a Recurring Basis

The following table presents information about the Company’s liabilities that are measured at fair value on a recurring basis as of December 31, 2025 and June 30, 2026 and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value:

 

    December 31, 2025  
    Level 1     Level 2     Level 3  
Warrants Liability – Public Warrants   $ 4,626     $ -     $ -  
Warrants Liability – Private Warrants     -       -       728  
                         
Total   $ 4,626     $ -     $ 728  

 

    June 30, 2026  
    Level 1     Level 2     Level 3  
    (Unaudited)  
Warrants Liability – Public Warrants   $ 40,137     $ -     $ -  
Warrants Liability – Private Warrants     -       -       7,400  
                         
Total   $ 40,137     $ -     $ 7,400  
Schedule of Level 3 Fair Value Measurements

The following table provides the inputs used for Level 3 fair value measurements:

 

    June 30,
2026
 
       
Expected term (years)     0.68  
Expected volatility     83.77 %
Risk-free interest rate     3.97 %
Expected dividend yield     0 %
Fair value of Ordinary share   $ 12.58  
Exercise price   $ 11.50  
Schedule of Changes in Fair Value of Level 3 Private Warrants Liability

The following table presents the changes in the fair value of Level 3 Private Warrants liability:

 

    December 31,
2025
    June 30,
2026
(unaudited)
 
Fair value at beginning of the period   $ 481     $ 728  
Change in fair value     247       6,672  
                 
Fair value at end of the period   $ 728     $ 7,400