v3.26.1
Fair Value Measurements
6 Months Ended
Jun. 30, 2026
Fair Value Measurements [Abstract]  
Fair Value Measurements

Note 8 — Fair Value Measurements

 

The following table presents information about the Company’s assets that are measured at fair value on a recurring basis at June 30, 2026, and December 31, 2025, and it indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value:

 

June 30, 2026

 

Description   Quoted
Price in
Active
Market
(Level 1)
    Significant
Other
Observable
Inputs
(Level 2)
    Significant
Other
Unobservable
Inputs
(Level 3)
 
Liabilities:                  
Derivative warrant liabilities   $       -     $ -     $ 40  

 

December 31, 2025

 

Description   Quoted
Price in
Active
Market
(Level 1)
    Significant
Other
Observable
Inputs
(Level 2)
    Significant
Other
Unobservable
Inputs
(Level 3)
 
Liabilities:                  
Derivative warrant liabilities   $        -     $ -     $ 40  

 

There were no transfers to/from Levels 1, 2, and 3 securities at the end of the reporting period. There were no change to the fair value as of the warrants as of June 30, 2026, and December 31, 2025 as the total value was deemed immaterial.

 

The following table   provides quantitative information regarding Level 3 fair value measurements inputs utilized to measure the fair value of the Private Placement Warrants at the measurement dates as of June 30, 2026, and December 31, 2025:

 

    June 30,
2026
    December 31,
2025
 
Volatility     25.0 %     25.0 %
Risk Free Rate     4.19 %     3.73 %
Estimated Term Remaining     6.50       6.50