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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):

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Convertible Notes

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​

Warrant Liabilities

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​

Contingent Consideration

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​

Embedded Forward Purchase Agreement and Make Whole Derivative

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​

​

(Level 3)

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(Level 1)

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(Level 3)

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​

(Level 3)

Predecessor

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​

​

​

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​

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​

Balance, December 31, 2022

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$

131,292

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$

-

​

$

-

​

$

-

Issuance of convertible notes

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​

14,000

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​

-

​

​

-

​

​

-

Change in fair value

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​

3,528

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​

-

​

​

-

​

​

-

Conversion to common shares

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​

(148,820)

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​

-

​

​

-

​

​

-

Balance, July 21, 2023

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​

-

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-

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-

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-

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Successor

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​

​

​

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Balance, July 22, 2023

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​

-

​

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3,765

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​

144,220

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​

32,677

Additions

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​

-

​

​

-

​

​

-

​

​

-

Change in fair value

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​

-

​

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(1,593)

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​

(69,715)

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​

15,776

Balance, September 30, 2023

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$

-

​

$

2,172

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$

74,505

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$

48,453

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

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September 30, 

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July 21,

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2023

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2023

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​

​

​

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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

 

—

 

—