Fair Value of Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2024

The Company's assets and liabilities measured at fair value consisted of the following at June 30, 2024 and December 31, 2023:


	Fair Value at June 30, 2024
	Total		Level 1		Level 2		Level 3
Assets:

Notes receivable	$	3,462	$	—	$	—	$	3,462
Warrant asset	424		—		—		424


Total assets	$	3,886	$	—	$	—	$	3,886


	Fair Value at December 31, 2023
	Total		Level 1		Level 2		Level 3




Liabilities:
Warrant liability	$	497	$	—	$	—	$	497
Convertible notes, at fair value	16,804		—		—		16,804
Loan conversion derivatives	333		—		—		333
Total liabilities	$	17,634	$	—	$	—	$	17,634

Schedule of Reconciliation of Liabilities for Level 3 Investments

The table below includes a reconciliation of the Level 3 assets and liabilities for which significant unobservable inputs were used to determine fair value for the six months ended June 30, 2024:


	Level 3
	Level 3 Assets				Level 3 Liabilities
Level 3 Assets and Liabilities	Notes receivable		Warrant asset		Warrant liability		Convertible notes, at fair value		Loan conversion derivatives
Balance at January 1, 2024	$	—	$	—	$	497	$	16,804	$	333
Acquired	3,264		448		920		—		—
Change in fair value	—		—		(398)		(12,882)		—
Exchanged / Conversion to Equity	—		—		—		(3,922)		(333)
Balance at March 31, 2024	$	3,264	$	448	$	1,019	$	—	$	—
Change in fair value	$	38	$	(24)	$	679	$	—	$	—
Accrued interest	$	91	$	—	$	—	$	—	$	—
Debt discount recognition	$	49	$	—	$	—	$	—	$	—
Exchanged / Conversion to Equity	$	—	$	—	$	(1,698)	$	—	$	—
Balance at June 30, 2024	$	3,442	$	424	$	—	$	—	$	—