v3.26.1
Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2026
Fair Value Disclosures [Abstract]  
Schedule of Fair Value of Assets and Liabilities
The following tables summarize the fair value of assets and liabilities that are recorded in the Company’s condensed consolidated balance sheets as of June 30, 2026 and December 31, 2025 at fair value on a recurring basis.

June 30, 2026
Frequency of
Measurement
TotalLevel 1Level 2Level 3
Liabilities
Warrant liabilities - Conversion Series ARecurring81,438 — — 81,438 
Contingent consideration liabilities
Recurring6,764 6,764 $— — 
Total liabilities measured at fair value$88,202 $6,764 $— $81,438 
December 31, 2025
Frequency of
Measurement
TotalLevel 1Level 2Level 3
Liabilities
Warrant liabilities - Conversion Series ARecurring$60,394 $— $— $60,394 
Contingent consideration liabilities
Recurring5,353 5,353 — — 
Total liabilities measured at fair value$65,747 $5,353 $— $60,394 
Schedule of Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
The following tables provide roll-forwards of the Company’s Level 3 liabilities (in thousands):
Warrant liabilities - Series A
Balance, December 31, 2025$60,394 
Additions— 
Change in fair value21,044 
Converted to equity— 
Balance, June 30, 2026$81,438 


Earn-out liabilitiesWarrant liabilities - Series A
Balance, December 31, 2024$134,156 $68,778 
Additions— — 
Change in fair value33,369 (29,969)
Converted to equity(167,525)— 
Balance, June 30, 2025$— $38,809