Recurring Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2026

Fair Value Disclosures [Abstract]

Schedule of Assets and liabilities measured at fair value on a recurring basis

The following tables summarize the Company's fair value hierarchy for its financial assets and liabilities measured at fair value on a recurring basis (in thousands):


June 30, 2026						Quoted Prices in Active Markets for Identical Assets				Significant Other Observable Inputs				Significant Unobservable Inputs
Assets		Total				(Level 1)				(Level 2)				(Level 3)
Money market funds included in cash and cash equivalents		$	61,408			$	61,408			$	-			$	-

Liabilities
Warrant liabilities		$	62			$				$	-			$	62

December 31, 2025						Quoted Prices in Active Markets for Identical Assets				Significant Other Observable Inputs				Significant Unobservable Inputs
Assets		Total				(Level 1)				(Level 2)				(Level 3)
Money market funds included in cash and cash equivalents		$	4,275			$	4,275			$	-			$	-

Summary of the fair value of the derivative liabilities

The table below provides a summary of the fair value of the derivative liabilities and the warrant liabilities, which were Level 3 fair value estimates (in thousands), for the three and six months ended June 30, 2026 and 2025:


			Three Months Ended June 30,										Six Months Ended June 30,
			2026					2025					2026					2025
Fair value of derivative liabilities, beginning of period		$		—			$		95			$		—			$		95
Change in fair value of derivative liabilities				—					—					—					—
Fair value of derivative liabilities, end of period		$		—			$		95			$		—			$		95

			Three Months Ended June 30,										Six Months Ended June 30,
			2026					2025					2026					2025
Fair value of warrant liabilities, beginning of period				—					—					—					—
Change in fair value of warrant liabilities				62					—					62					—
Fair value of warrant liabilities, end of period		$		62			$		—			$		62			$		—