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Fair value measurements (Tables)
9 Months Ended
Sep. 30, 2025
Fair Value Disclosures [Abstract]  
Schedule of Fair Value Hierarchy of Assets and Liabilities
The table below presents information about the Company’s assets and liabilities that are regularly measured and carried at fair value and indicates the level within the fair value hierarchy of the valuation techniques the Company utilized to determine fair value:
September 30, 2025December 31, 2024
TotalLevel 1Level 2Level 3TotalLevel 1Level 2Level 3
Assets:
Money market accounts$105.8 $105.8 $— $— $45.7 $45.7 $— $— 
Total$105.8 $105.8 $— $— $45.7 $45.7 $— $— 
Liabilities:
Warrant liability$14.4 $— $— $14.4 $16.2 $— $— $16.2 
Total$14.4 $— $— $14.4 $16.2 $— $— $16.2 
Schedule of Contingent Consideration Roll Forward
The table below is a reconciliation of the beginning and ending balance of the Company’s Level 3 warrant liability:
Warrant Liability
Balance at December 31, 2024$16.2 
Change in fair value(9.5)
Balance at March 31, 2025$6.7 
Change in fair value2.9 
Balance at June 30, 2025$9.6 
Change in fair value4.8 
Balance at September 30, 2025$14.4 
Schedule of Fair Value Level 3 of Significant Unobservable Inputs
The recurring Level 3 fair value measurement for the Company's warrant liability used the following significant unobservable inputs:
Warrant Liability
Valuation TechniqueUnobservable InputRange
2024 WarrantsBlack-Scholes MethodTerm (in years)3.9
Risk free interest rate3.7%
Volatility103%