Quarterly report [Sections 13 or 15(d)]

Fair Value Measurements (Tables)

v3.25.1
Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2025
Fair Value Measurements  
Schedule of company's financial assets and liabilities that are measured at fair value on a recurring basis

(in thousands)

March 31, 2025

Significant

Quoted prices

other

Significant

in active

observable

unobservable

markets

inputs

inputs

    

(Level 1)

    

(Level 2)

    

(Level 3)

Liabilities:

  

  

  

Convertible note payable

$

$

$

9,582

Warrant liabilities

$

$

$

10

(in thousands)

December 31, 2024

Significant

Quoted prices

other

Significant

in active

observable

unobservable

markets

inputs

inputs

    

(Level 1)

    

(Level 2)

    

(Level 3)

Convertible note payable

$

$

$

10,000

Warrant liabilities

$

$

$

664

Warrant Liabilities  
Fair Value Measurements  
Schedule of changes in the fair value of the warrant liability and derivative liability

For the three month ended March 31,

(in thousands)

    

2025

2024

Beginning balance

$

664

    

$

5,460

Additions

 

 

8,701

Change in fair value

 

(17)

 

(8,129)

Exercise of warrant liabilities

 

 

(587)

Repurchase

(622)

(824)

Conversion of liability warrants to equity warrants

(15)

Ending balance

$

10

$

4,621