FAIR VALUE MEASUREMENTS

12 Months Ended

Dec. 31, 2025

Fair Value Disclosures [Abstract]

FAIR VALUE MEASUREMENTS

FAIR VALUE MEASUREMENTS

The Company evaluates assets and liabilities subject to fair value measurements on a recurring basis to determine the appropriate level to classify them for each reporting period. The Company did not have any transfers between fair value measurements levels in the years ended December 31, 2025 and 2024.

The following table sets forth the Company’s assets and liabilities that were measured at fair value as of December 31, 2025 and 2024, by level within the fair value hierarchy:

	Fair Value Hierarchy	Fair value measurements as of
Description		December 31, 2025		December 31, 2024
Assets:
Cash equivalents:
Money market accounts and funds	Level 1	$	—	$	70,692
Short-term investments:
Short-term deposits	Level 2	$	—	$	3,780
Derivative instruments asset:
Derivative instruments designated as cash flow hedging instruments	Level 2	$	534	$	468
Liabilities:
Warrants liability:
Public Warrants	Level 1	$	(501)	$	(3,303)
Private Warrants	Level 3	$	—	$	(65)
Derivative instruments liability:
Derivative instruments designated as cash flow hedging instruments	Level 2	$	—	$	(50)

The Company classifies its money market accounts and funds as Level 1 based on quoted market prices in active markets.

The Company classifies its short-term investments and derivative instruments within Level 2 as they are valued using inputs other than quoted prices which are directly or indirectly observable in the market, including readily-available pricing sources for the identical underlying security which may not be actively traded.

The Company measures the fair value for Warrants by using a quoted price for the Public Warrants, which are classified as Level 1, and a Black-Scholes simulation model for the Private Warrants, which are classified as Level 3, due to the use of unobservable inputs.

The following table presents the changes in the fair value of Warrants liability:    

	Private		Public		Total
Input	Warrants		Warrants		Warrants
Fair value as of December 31, 2024	$	65	$	3,303	$	3,368
Change from private to public holdings	(1)		1		—
Change in fair value	(64)		(2,803)		(2,867)
Fair value as of December 31, 2025	$	—	$	501	$	501