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Fair Value of Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2025
Fair Value Disclosures [Abstract]  
Schedule of liabilities at fair value on a recurring basis
The following tables present information about the Company’s liabilities that are measured at fair value on a recurring basis as of December 31, 2025 and 2024 and indicate the fair value hierarchy level of the valuation techniques and inputs that the Company utilized to determine such fair value:
December 31, 2025
Quoted Prices in Active Markets
Significant Other Observable Input
Significant Other Unobservable Inputs
(Level 1)
(Level 2)
(Level 3)
(in thousands)
Liabilities
Public Warrants
$
810 
$
— 
$
— 
Private Placement Warrants - Issued October 2019
— 
— 
245 
Private Placement Warrants - Issued March 2023
— 
— 
16,843 
Sponsor Shares
— 
— 
2,750 
$
810 
$
— 
$
19,838 
December 31, 2024
Quoted Prices in Active Markets
Significant Other Observable Input
Significant Other Unobservable Inputs
(Level 1)
(Level 2)
(Level 3)
(in thousands)
Liabilities
Public Warrants
$
1,728 
$
— 
$
— 
Private Placement Warrants - Issued October 2019
— 
— 
713 
Private Placement Warrants - Issued March 2023
— 
— 
13,820 
Sponsor Shares
— 
— 
1,703 
$
1,728 
$
— 
$
16,236 
Schedule of change sin the fair value of Level 3 liabilities
The following is a summary of changes in the fair value of the Level 3 liabilities during the year ended December 31, 2025 and 2024:
Sponsor Shares
Private Placement Warrants - Issued October 2019
Private Placement Warrants - Issued March 2023
(in thousands)
Balance as of January 1, 2025
$
1,703 
$
713 
$
13,820 
Warrant exercises
— 
— 
(10,961)
Loss (gain) from changes in fair value
1,047 
(468)
13,984 
Balance as of December 31, 2025
$
2,750 
$
245 
$
16,843 
Sponsor Shares
Private Placement Warrants - Issued October 2019
Private Placement Warrants - Issued March 2023
(in thousands)
Balance as of January 1, 2024
$
1,304 
$
583 
$
12,467 
Loss from changes in fair value
399 
130 
1,353 
Balance as of December 31, 2024
$
1,703 
$
713 
$
13,820