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Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 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):

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

19,359

Conversion to common shares

(164,651)

Balance, July 21, 2023

Successor

Balance, July 22, 2023

3,765

157,100

32,677

Additions

Change in fair value

(2,318)

(52,750)

8,366

Balance, December 31, 2023

$

$

1,447

$

104,350

$

41,043

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

December 31, 

July 21,

2023

    

2023

Stock Price

$

7.20

$

10.84

Expected volatility

 

52.00%

 

55.00%

Risk-free interest rate

 

4.48%

 

4.82%

Expected life (in years)

 

1.56

 

2

Expected dividend yield