v3.26.1
Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2026
Fair Value Measurements [Abstract]  
Schedule of Company’s Total Level 3 Liability Activity

The following table summarizes the Company’s total Level 3 liability activity for the six months ended June 30, 2026 (in thousands):

 

    Warrants     Total
Level 3
Liabilities
 
Fair value as of December 31, 2025   $ 16,150     $ 16,150  
Change in valuation inputs(1)     (435 )     (435 )
Fair value as of June 30, 2026   $ 15,715     $ 15,715  

 

(1) Changes in valuation inputs are recognized as the change in fair value – warrant liabilities in the unaudited condensed consolidated statement of operations.