v3.26.1
Fair Value (Tables)
6 Months Ended
Jun. 30, 2026
Fair Value [Abstract]  
Deferred Consideration Liability
The carrying value of the deferred consideration liability approximates its fair value as of June 30, 2026.
 
         
(in thousands)
  June 30, 2026     December 31,
2025
 
Warrant liability Series B
 $7   $12 
Warrant liability Series C
  4,872   $           —  
        — Warrant liability Series D
  1,743   $          —  
Warrant liability Series J
  341    377 
Deferred consideration liability (Rendiatech)
  313     
Total Level 3 liabilities
 $7,276   $389 
Roll-Forward of Fair Value of Level 3 Liabilities
The following is a roll-forward of the fair value of the Level 3 liabilities:
 
             
(in thousands)
  Warrant
Liabilities
    Deferred
Consideration
    Total  
Balance at December 31, 2025
 $389   $         —    $389 
Acquisition of Rendiatech (initial fair value)
      313    313 
June 8, 2026 issuance of common warrants
  11,013        11,013 
Exercise of Series B warrants
  (2       (2
Change in fair value
  (4,437       (4,437
Balance at June 30, 2026
 $6,963   $313   $7,276