v3.26.1
Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2026
Fair Value Measurements  
Schedule of fair value of assets and liabilities measured on recurring basis

The following tables present information about the Company’s assets and liabilities that are measured at fair value on a recurring basis as of June 30, 2026 and December 31, 2025 and indicate the fair value hierarchy of the valuation inputs utilized to determine such fair value (in thousands):

Balance as of June 30, 2026

  ​ ​ ​

Level 1

  ​ ​ ​

Level 2

  ​ ​ ​

Level 3

  ​ ​ ​

Total

Assets:

 

  ​

 

  ​

 

  ​

 

  ​

Cash equivalents

$

31,192

$

$

$

31,192

  ​ ​ ​

Balance as of December 31, 2025

  ​ ​ ​

Level 1

  ​ ​ ​

Level 2

  ​ ​ ​

Level 3

  ​ ​ ​

Total

Assets:

 

  ​

 

  ​

 

  ​

 

  ​

Cash equivalents

$

10,401

$

$

$

10,401

Schedule of estimated fair value of the warrant liability

  ​ ​ ​

As of June 30, 2025

Share price

$

8.10

Exercise price

$

8.40

Term (in years)

3.75

Volatility

110

%  

Risk-free rate

3.7

%  

Dividend yield

0

%  

Schedule of changes in fair value of liability

  ​ ​ ​

For the six months ended June 30, 

  ​ ​ ​

2026

  ​ ​ ​

2025

Beginning value

$

$

358

Change in value of warrant liability

 

 

(267)

Ending value

$

$

91