v3.26.1
FAIR VALUE MEASUREMENTS (Tables)
6 Months Ended
Jun. 30, 2026
Fair Value Disclosures [Abstract]  
Summary of Financial Instruments Measured on a Recurring Basis
The following table represents the Company’s financial instruments that are measured at fair value on a recurring basis as of June 30, 2026 and December 31, 2025, respectively:
Level 1Level 2Level 3Total Fair Value
Measurement at
June 30, 2026
Liabilities:
ISA deferred consideration$$$$
ISA contingent earnout liability3030
2025 Bank Warrants— — 
At-the-Money Warrants
Total liabilities held at fair value$$$30$30
Level 1Level 2Level 3Total Fair Value
Measurement at
December 31, 2025
Liabilities:
ISA deferred consideration$$$13,500$13,500
ISA contingent earnout liability300300
2024 Bank Warrants658658
2025 Bank Warrants1,4151,415
At-the-Money Warrants2,1942,194
Total liabilities held at fair value$$$18,067$18,067
Changes in Fair Value of Level 3 Financial Liabilities Changes in the fair value of Level 3 financial liabilities were as follows:
Warrant Liability
Deferred
Consideration
Contingent
Consideration
Balance December 31, 2025$4,267$13,500$300
(Gain) loss included in earnings due to fair value adjustment4,4711,500(270)
Reclassification to liabilities (1)
(15,000)
2024 Bank Warrants reclassified to equity(842)
2025 Bank Warrants reclassified to equity(1,823)
At-the-Money warrants net settled(6,073)
Balance June 30, 2026$$$30
(1) - Half of the reclassification was to other current liabilities and half went to other liabilities