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

3. Fair Value Measurements

 

The following table presents the Company’s liabilities that are measured at fair value on a recurring basis, inclusive of related party components, as of June 30, 2026 and December 31, 2025 (in thousands):

   

             
   June 30, 2026
(unaudited)		 
   Level 1   Level 2   Level 3   Total 
Liabilities:                    
Public Warrants  $59   $—   $—   $59 
Private warrants   —    9    —    9 
Total warrant liabilities, at fair value  $59   $9   $—   $68 

 

             
   December 31, 2025 
   Level 1   Level 2   Level 3   Total 
Liabilities:                    
Public Warrants  $99   $—   $—   $99 
Private Warrants   —    16    —    16 
Total warrant liabilities, at fair value  $99   $16   $—   $115 

 

The Company’s financial instruments consist of cash, restricted cash prepaid expenses and other current assets, accounts payable, accrued expenses, and other current liabilities. The carrying value of these financial instruments is generally considered to approximate their fair values because of the short-term nature of those instruments.