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Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2023
Fair Value Measurements  
Schedule of financial instruments measured at fair value by level within the fair value hierarchy

The following table sets forth the Company’s financial instruments measured at fair value by level within the fair value hierarchy as of March 31, 2023 and December 31, 2022 (in thousands):

    

Level 1

    

Level 2

    

Level 3

March 31, 2023

Assets:

Cash and cash equivalents

$

4,429

$

$

Total assets at fair value 

$

4,429

$

$

Liabilities:

Warrant Liability

$

$

$

4,247

Total assets at fair value 

$

$

$

4,247

    

Level 1

    

Level 2

    

Level 3

December 31, 2022

Assets:

Cash and cash equivalents

$

5,246

$

$

Total assets at fair value 

$

5,246

$

$

Liabilities:

Warrant Liability

$

$

$

5,934

Total assets at fair value 

$

$

$

5,934

Schedule of rollforward of the fair value of Level 3 warrants

Beginning balance at December 31, 2022

    

$

5,934

Warrants issued

Change in fair value

 

(1,687)

Ending Balance March 31, 2023

$

4,247