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Fair Value Measurements (Tables)
9 Months Ended
Sep. 30, 2023
Fair Value Disclosures [Abstract]  
Schedule of Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis

The following tables present information about the Company’s financial assets and liabilities measured at fair value on a recurring basis and indicate the level of the fair value hierarchy used to determine such fair values (in thousands):

 

 

September 30, 2023

 

 

Total

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

   Cash equivalents – money market funds

$

150,514

 

 

$

150,514

 

 

$

 

 

$

 

 

$

150,514

 

 

$

150,514

 

 

$

 

 

$

 

Liabilities:

 

 

 

 

 

 

 

 

 

 

 

Warrant liability

 

 

 

 

 

 

 

 

 

 

 

   SSI Warrants

$

701

 

 

$

 

 

$

 

 

$

701

 

   Pre-funded warrants

 

139,833

 

 

 

 

 

 

139,833

 

 

 

 

Total liabilities

$

140,534

 

 

$

 

 

$

139,833

 

 

$

701