XML 93 R82.htm IDEA: XBRL DOCUMENT v3.23.3
Fair Value Measurements (Tables)
9 Months Ended
Sep. 30, 2023
Fair Value Measurements  
Summary of recurring measurements for assets and liabilities at fair value

The following details the Company’s recurring measurements for assets and liabilities at fair value (in thousands, unaudited):

Convertible
Notes

Warrant
Liabilities

Contingent
Consideration

Embedded Forward
Purchase Agreement
and Make Whole
Derivative

    

(Level 3)

    

(Level 1)

    

(Level 3)

    

(Level 3)

Predecessor

Balance, December 31, 2022

$

131,292

$

$

$

Issuance of convertible notes

14,000

Change in fair value

3,528

Conversion to common shares

(148,820)

Balance, July 21, 2023

Successor

Balance, July 22, 2023

3,765

144,220

32,677

Additions

Change in fair value

(1,593)

(69,715)

15,776

Balance, September 30, 2023

$

$

2,172

$

74,505

$

48,453

Forward Purchase Agreements  
Fair Value Measurements  
Summary of significant inputs as of the valuation dates

September 30, 

    

July 21,

2023

2023

Stock Price

$

5.60

$

10.84

Expected volatility

 

67.00%

 

55.00%

Risk-free interest rate

 

5.11%

 

4.82%

Expected life (in years)

 

1.81

 

2

Expected dividend yield