FAIR VALUE MEASUREMENT (Tables)

6 Months Ended

Jun. 30, 2026

Schedule of Financial Assets and Liabilities at Fair Value on a Recurring Basis

Financial liabilities measured at fair value on a recurring basis, by level within the fair value hierarchy, consisted of the following (in thousands):


	June 30, 2026								December 31, 2025
	Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3		Total
Assets:
Interest rate swaps	$	—	$	478	$	—	$	478	$	—	$	—	$	—	$	—
Liabilities:
Anti-dilution Right	$	—	$	—	$	31,292	$	31,292	$	—	$	—	$	45,754	$	45,754
Private Warrants	—		—		1,352		1,352		—		—		11,661		11,661
Interest rate swaps	—		—		—		—		—		1,059		—		1,059

Schedule of Changes in the Level 3 Liabilities Measured at Fair Value

The changes in the Level 3 instruments measured at fair value on a recurring basis were as follows (in thousands):


	Six months ended June 30, 2026
	Anti-Dilution Right		Private Warrants
Balance (beginning of period)	$	45,754	$	11,661
Fair value measurement adjustments	(14,462)		(7,577)
Reclassification to Public Warrants	—		(2,732)
Balance (end of period)	$	31,292	$	1,352