The following table sets forth a summary of changes in fair value of the Company’s Level 3 liabilities for the three and six months ended June 30, 2026 (in thousands):


Balance as of December 31, 2025	$	34,561
Change in fair value	3,439
Conversion to equity upon liquidity event	(38,000)
Balance as of March 31, 2026	-
Change in fair value	-
Balance as of June 30, 2026	$	-

The following table sets forth a summary of changes in fair value of the Company’s Level 3 liabilities for the three and

six months ended June 30, 2025 (in thousands):


Balance as of December 31, 2024	$	29,364
Change in fair value	784
Balance as of March 31, 2025	30,148
Change in fair value	(2,096)
Balance as of June 30, 2025	28,052