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Fair Value of Financial Instruments (Tables)
3 Months Ended
Mar. 31, 2024
Fair Value Disclosures [Abstract]  
Schedule of Recurring Basis Fair Value Measurements

Below are the changes to level 3 measured liabilities:

Fair value measurement on a recurring basis at reporting date

 

 

 

 

(In thousands)

 

Level 3

 

 

Balance at March 31, 2024

 

 

 

 

Senior Secured Convertible Notes, related party

 

$

12,918

 

 

Senior Secured Convertible Notes

 

 

5,379

 

 

Warrant liability

 

 

560

 

 

Total liabilities measured at fair value

 

$

18,857

 

 

Balance at December 31, 2023

 

 

 

 

Senior Secured Convertible Notes, related party

 

$

11,001

 

 

Senior Secured Convertible Notes

 

 

5,544

 

 

Warrant liability

 

 

677

 

 

Total liabilities measured at fair value

 

$

17,222