Note 4 - Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2026

Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]

Schedule of Fair Value Hierarchy For its Financial Assets and Liabilities

The following tables reflect the Company's fair value hierarchy for its financial assets and liabilities measured at fair value on a recurring basis as of June 30, 2026 and December 31, 2025 (in thousands):


June 30, 2026		Financial Statement Classification		Level 1				Level 2				Level 3				Total
Assets:
Money Market Funds		Cash and cash equivalents		$	125,131			$	—			$	—			$	125,131
Total				$	125,131			$	—			$	—			$	125,131
Liabilities:
Derivative Liability		Derivative Liability		$	62			$	—			$	—			$	62
Contingent Consideration Obligation		Contingent Consideration Obligation			—				—				259				259
Total				$	62			$	—			$	259			$	321


December 31, 2025		Financial Statement Classification		Level 1				Level 2				Level 3				Total
Assets:
Money Market Funds		Cash and cash equivalents		$	132,399			$	—			$	—			$	132,399
Total				$	132,399			$	—			$	—			$	132,399
Liabilities:
Share Liability		Share Liability		$	313			$	—			$	—			$	313
Derivative Liability		Derivative Liability			62				—				—				62
Contingent Consideration Obligation		Contingent Consideration Obligation			—				—				266				266
Total				$	375			$	—			$	266			$	641

Contingent Consideration Obligations [Member]

Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]

Schedule of Fair Value of Options Granted

The following table summarizes the activity of the Company's Level 3 contingent consideration obligation, which is measured at its fair value on a recurring basis (in thousands):


		Three Months Ended June 30,								Six Months Ended June 30,
Contingent Consideration Obligation		2026				2025				2026				2025
Fair value at beginning of period		$	271			$	149			$	266			$	150
Change in fair value during the period			(12	)			(8	)			(7	)			(9	)
Fair value at end of period		$	259			$	141			$	259			$	141