v3.26.3
Fair Value Measurements and Fair Value of Financial Instruments (Tables)
6 Months Ended
Jun. 30, 2026
Fair Value Disclosures [Abstract]  
Schedule of Fair Value Consisted Assets and Liabilities
As of June 30, 2026, the Company did not have any assets measured at fair value on a recurring basis. The Company’s liabilities measured at fair value consisted of the following at June 30, 2026:
Fair Value as of June 30, 2026
TotalLevel 1Level 2Level 3
Liabilities:
Warrant liability$56,482 $— $— $56,482 
Total liabilities$56,482 $— $— $56,482 
Schedule of Reconciliation of Liabilities for Level 3 Investments
The table below provides a summary of changes in the estimated fair value of the Company’s Level 3 assets and liabilities:
Warrant
Liability
Balance at January 1, 2026$22,561 
Pre-funded Warrants issued in connection Series 10 Preferred Stock conversion24,186 
Exercise of Warrants(3,299)
Change in fair value13,034 
Balance at June 30, 2026$56,482