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Fair Value of Financial Instruments (Tables)
 6 Months Ended
Jun. 30, 2025
Fair Value Disclosures [Abstract]  
Schedule of Financial Liabilities Measured at Fair Value on Recurring Basis
The table below presents the financial assets and liabilities measured at fair value :
June 30, 2025
Balance Sheet Caption
Level 1
Level 2Level 3Total
Recurring fair value measurements:
2029 Notes Conversion OptionDerivative liabilities$— $— $169,135 $169,135 
2026 Notes Conversion OptionDerivative liabilities— — 2,468 2,468 
IPO Private WarrantsDerivative liabilities— — 220 220 
2025 RDO WarrantsDerivative liabilities— — 21,376 21,376 
Total recurring fair value measurements:$— $— $193,199 $193,199 
June 30, 2025
Balance Sheet Caption
Level 1
Level 2Level 3Total
Nonrecurring fair value measurement:
Goodwill(2)
Goodwill$— $— $48,446 $48,446 
December 31, 2024
Balance Sheet CaptionLevel 1Level 2Level 3Total
Recurring fair value measurements:
IPO Private WarrantsDerivative liabilities$— $— $290 $290 
2024 PIPE WarrantsDerivative liabilities— — 32,760 32,760 
2024 RDO WarrantsDerivative liabilities— — 21,634 21,634 
2029 Notes Conversion OptionDerivative liabilities— — 115,831 115,831 
Total recurring fair value measurements:
$— $— $170,515 $170,515 
Nonrecurring fair value measurement:
Goodwill(1)
Goodwill$— $— $119,081 $119,081 
(1) As of March 31, 2024, in accordance with Subtopic 350-20, goodwill with a carrying amount of $204.8 million was written down to its implied fair value of $119.8 million, resulting in an impairment charge of $85.0 million, which was included in earnings during the first quarter of 2024. Differences between the implied fair value of $119.1 million and the balance as of December 31, 2024 relate to subsequent measurement period adjustments.
2) As of June 30, 2025, in accordance with Subtopic 350-20, goodwill with a carrying amount $119.1 million was written down to its implied fair value of $48.4 million, resulting in an impairment charge of $70.6 million, which was included in earnings during the second quarter of 2025.
Schedule of Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
The changes in the fair value of the Level 3 liabilities are as follows:

IPO private warrants2026 Notes Conversion Option2024 PIPE warrants2024 RDO Warrants2025 RDO warrants2029 Notes Conversion Option
December 31, 2024$290 $— $32,760 $21,634 $— $115,831 
Additions— — — — 18,586 — 
Changes in fair value(70)2,468 42,480 17,631 2,790 53,304 
Settlements— — (75,240)(39,265)— — 
June 30, 2025$220 $2,468 $— $— $21,376 $169,135