XML 75 R64.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Note 2 - Fair Value Measurements 1 (Tables)
3 Months Ended 12 Months Ended
Mar. 31, 2024
Dec. 31, 2023
Notes Tables    
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]
  

Fair Value Measured as of March 31, 2024 Using:

 
  

Adjusted Cost

  

Unrealized losses

  

Fair Value

  

Cash and Cash Equivalent

  

Marketable Securities

 

Assets

                    

Level 1

                    

Money market funds

 $8,761  $  $8,761  $8,761  $ 

Level 2

                    

Corporate bonds

  7,493   (3)  7,490      7,490 

Commercial paper

  7,907   (1)  7,906      7,906 

U.S. Government securities

  3,978      3,978      3,978 

Total financial assets

 $28,139  $(4) $28,135  $8,761  $19,374 

Liabilities

                    

Level 2

                    

Private placement warrant liability

 $  $  $  $  $ 

Level 3

                    

Derivative warrant liability

        24       

Total financial liabilities

 $  $  $24  $  $ 
  

Fair Value Measured as of December 31, 2023 Using:

 
  

Adjusted Cost

  

Unrealized gains

  

Fair Value

  

Cash and Cash Equivalent

  

Marketable Securities

 

Assets

                    

Level 1

                    

Money market funds

 $16,377  $  $16,377  $16,377  $ 

Level 2

                    

Corporate bonds

  2,880   1   2,881      2,881 

Commercial paper

  8,809   5   8,814      8,814 

U.S. Government securities

  7,892   4   7,896      7,896 

Total financial assets

 $35,958  $10  $35,968  $16,377  $19,591 

Liabilities

                    

Level 2

                    

Private placement warrant liability

 $  $  $  $  $ 

Level 3

                    

Derivative warrant liability

        26       

Total financial liabilities

 $  $  $26  $  $ 
  

Fair Value Measured as of December 31, 2023 Using:

 
  

Adjusted Cost

  

Unrealized gains

  

Fair Value

  

Cash and Cash Equivalent

  

Marketable Securities

 

Assets

                    

Level 1

                    

Money market funds

 $16,377  $  $16,377  $16,377  $ 

Level 2

                    

Corporate bonds

  2,880   1   2,881      2,881 

Commercial paper

  8,809   5   8,814      8,814 

U.S. Government securities

  7,892   4   7,896      7,896 

Total financial assets

 $35,958  $10  $35,968  $16,377  $19,591 

Liabilities

                    

Level 2

                    

Private placement warrant liability

 $  $  $  $  $ 

Level 3

                    

Convertible notes

               

Derivative warrant liability

        26       

Total financial liabilities

 $  $  $26  $  $ 
  

Fair Value Measured as of December 31, 2022 Using:

 
  

Adjusted Cost

  

Unrealized losses

  

Fair Value

  

Cash and Cash Equivalent

  

Marketable Securities

 

Assets

                    

Level 1

                    

Money market funds

 $14,253  $  $14,253  $14,253  $ 

Level 2

                    

Asset-backed securities

  3,507   (119)  3,388      3,388 

Corporate bonds

  22,139   (240)  21,899      21,899 

Commercial paper

  20,760      20,760      20,760 

U.S. Government securities

  29,983   (895)  29,088      29,088 

Total financial assets

 $90,642  $(1,254) $89,388  $14,253  $75,135 

Liabilities

                    

Level 2

                    

Private placement warrant liability

 $  $  $7  $  $ 

Level 3

                    

Convertible notes

        8,594       

Derivative warrant liability

        119       

Total financial liabilities

 $  $  $8,720  $  $ 
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]
  

Derivative Warrant Liability

 

Balance at December 31, 2023

 $26 

Change in fair value included in other income (expense), net

  (2)

Balance at March 31, 2024

 $24 
  

2022 Convertible Note

  

Derivative Warrant Liability

  

Total

 

Balance at December 31, 2022

 $8,594  $119  $8,713 

Additions

         

Payments or conversions

  (9,573)     (9,573)

Change in fair value included in other income (expense), net

  958   (93)  865 

Change in fair value due to instrument specific credit risk included in other comprehensive income

  21      21 

Balance at December 31, 2023

 $  $26  $26 
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]
  

March 31, 2024

 

Expected term (years)

  2.4 

Expected volatility

  234.8%

Risk-free interest rate

  4.5%

Dividend yield

  %

Exercise price

 $105.00 
  

December 31, 2023

 

Expected term (years)

  2.7 

Expected volatility

  155.7%

Risk-free interest rate

  4.1%

Dividend yield

  %

Exercise price

 $105.00