XML 43 R22.htm IDEA: XBRL DOCUMENT v3.24.0.1
Company Description and Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2023
Company Description and Summary of Significant Accounting Policies [Abstract]  
Fair Value of Financial Instruments Measured on a Recurring Basis
The fair value of financial instruments measured on a recurring basis is as follows (in thousands):
 
   
As of December 31, 2023
 
Description
 
Total
   
Level 1
   
Level 2
   
Level 3
 
Assets:
                       
Short-term investments
 
$
15
   
$
15
   
$
   
$
 
Total assets at fair value
 
$
15
   
$
15
   
$
   
$
 
Liabilities:
                               
Derivative liability
  $
74     $
    $
    $ 74  
Total liabilities at fair value
  $
74     $     $
    $ 74  

   
As of December 31, 2022
 
Description
 
Total
 
Level 1
 
Level 2
 
Level 3
 
Assets:
                 
Short-term investments
 
$
49
   
$
49
   
$
   
$
 
Total assets at fair value
 
$
49
   
$
49
   
$
   
$
 
Fair Value, Investments and Derivative Liabilities Measured on a Recurring Basis
The following table provides a roll-forward of short-term investments and derivative liabilities measured at fair value on a recurring basis using observable Level 1 and Level 3 inputs, as applicable, for the years ended December 31, 2023 and 2022 (in thousands):

 
 
2023
   
2022
 
Short-term investments
           
Balance as of beginning of period
 
$
49
   
$
219
 
Unrealized loss
   
(34
)
   
(170
)
Balance as of end of period
 
$
15
   
$
49
 

 
 
2023
   
2022
 
Derivative liabilities
           
Balance as of beginning of period
 
$
   
$
 
Purchase agreement execution
   
154
     
 
Unrealized gain
   
(80
)
   
 
Balance as of end of period
 
$
74
   
$