XML 91 R34.htm IDEA: XBRL DOCUMENT v3.25.4
Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2025
Fair Value Measurements [Abstract]  
Schedule of Liabilities Measured at Fair Value on a Recurring Basis

The following table presents information about the Company’s liabilities that are measured at fair value on a recurring basis as of December 31, 2024 and 2025 and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value:

 

   December 31, 2024 
   Level 1   Level 2   Level 3 
             
Warrants liability – Public Warrants  $2,857   $
   -
   $
-
 
Warrant liability – Private Warrants   
-
    
-
    481 
                
Total  $2,857   $
-
   $481 

 

   December 31, 2025 
   Level 1   Level 2   Level 3 
             
Warrants liability – Public Warrants  $4,626    
    -
   $
-
 
Warrant liability – Private Warrants   
-
    
-
    728 
                
Total  $4,626    
-
   $728 
Schedule of Level 3 Fair Value Measurements

The following table provides the inputs used for Level 3 fair value measurements:

 

   December 31,
2024
 
     
Expected term (years)   2.18 
Expected volatility   64.49%
Risk-free interest rate   4.25%
Expected dividend yield   0%
Fair value of Ordinary share  $3.10 
Exercise price  $11.5 
Schedule of Changes in Fair Value of Level 3 Private Warrants Liability

The following table presents the changes in the fair value of Level 3 Private Warrants liability:

 

   Year ended
December 31,
 
   2024   2025 
         
Fair value at beginning of the year  $977   $481 
Change in fair value   (496)   247 
           
Fair value at end of the year  $481   $728