v3.26.3
Derivative Liability (Tables)
 6 Months Ended
Jun. 30, 2026
Derivative Liability [Abstract]  
Schedule of Valuation Assumption of Derivative Liability

The following key assumptions were used in the valuation of the derivative liability:

 

    June 30,     March 23,  
    2026     2026  
Risk-free interest rate     4 %     3.76 %
Expected volatility     83.2 %     77.2 %
Remaining contractual term (years)     0.65       0.92  
Schedule of Derivative Liabilities Measured Using Level 3 Inputs

The following table presents a roll-forward of the derivative liabilities measured using Level 3 inputs:

 

    June 30,  
(in thousands)   2026     2025  
             
Balance at beginning of period   $ -     $ -  
Fair value upon initial recognition     162       -  
Change in fair value recognized in earnings     (16 )     -  
Settlements / conversions     (18 )     -  
Balance at end of period (fair value)   $ 128     $ -