XML 27 R19.htm IDEA: XBRL DOCUMENT v3.23.3
Fair Value Measurements (Tables)
9 Months Ended
Sep. 30, 2023
Fair Value Measurements  
Schedule of warrant liabilities measured fair value on a recurring basis

23

 

 

Fair Value Measurements at
September 30, 2023
(in thousands)

 

 

 

 

Level 1

 

 

 

Level 2

 

 

 

Level 3

 

 

 

Total

 

Liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Warrant liability

 

$

-

 

 

$

-

 

 

$

1,114

 

 

$

1,114

 

Schedule of changes in warrant liabilities measured fair value on a recurring basis

 

 

Fair Value of
Warrant Liability

 

 

 

(in thousands)

 

Balance at December 31, 2022

 

$

-

 

Issuance

 

 

1,186

 

Change in fair value

 

 

(72)

Balance at September 30, 2023

 

$

1,114

 

Schedule of inputs used in determining fair value of warrant liabilities

 

 

As of
September 30,
2023

Risk-free interest rate

 

 

4.60

%

Expected volatility

 

 

140

%

Expected term in years

 

 

4.9

 

Dividend yield

 

 

-

%