v3.26.1
Fair Value of Financial Instruments
6 Months Ended
Jun. 30, 2026
Fair Value of Financial Instruments [Abstract]  
Fair Value of Financial Instruments

Note 2. Fair Value of Financial Instruments

 

The following tables represent the Company’s assets and liabilities measured at fair value on a recurring basis and the basis for that measurement (in thousands):

 

    June 30, 2026  
    Fair Value     Level 1     Level 2     Level 3  
Assets:                        
Money market funds (1)   $ 1     $     $     $  
                                 
Liabilities:                                
Warrant liabilities   $ 19     $     $     $ 19  

 

    December 31, 2025  
    Fair Value     Level 1     Level 2     Level 3  
Assets:                        
Money market funds (1)   $ 1     $     $     $  
                                 
Liabilities:                                
Warrant liabilities   $ 24     $     $     $ 24  

 

(1) Amounts are included in cash and cash equivalents on the condensed consolidated balance sheets.

 

The following tables represent the Company’s determination of fair value for its financial assets (in thousands):

 

    June 30, 2026  
          Unrealized     Unrealized     Fair  
    Cost     Gains     Losses     Value  
Cash and cash equivalents   $ 3,322     $     $     $ 3,322  

 

    December 31, 2025  
          Unrealized     Unrealized     Fair  
    Cost     Gains     Losses     Value  
Cash and cash equivalents   $ 2,886     $     $     $ 2,886