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Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2024
Fair Value Measurements  
Schedule of financial instruments measured at fair value by level within the fair value hierarchy

The following table sets forth the Company’s financial instruments measured at fair value by level within the fair value hierarchy as of June 30, 2024 and December 31, 2023 (in thousands):

    

Level 1

    

Level 2

    

Level 3

June 30, 2024

Assets:

Cash and cash equivalents

$

2,848

$

$

Total assets at fair value 

$

2,848

$

$

Liabilities:

Warrant Liability

$

$

$

10,647

Total assets at fair value 

$

$

$

10,647

    

Level 1

    

Level 2

    

Level 3

December 31, 2023

Assets:

Cash and cash equivalents

$

2,557

$

$

Total assets at fair value 

$

2,557

$

$

Liabilities:

Warrant Liability

$

$

$

5,696

Total assets at fair value 

$

$

$

5,696

Schedule of rollforward of the fair value of Level 3 warrants

Beginning balance at December 31, 2023

    

$

5,696

Warrants issued

3,888

Warrants exercised

(3,480)

Change in fair value

 

4,543

Ending balance June 30, 2024

$

10,647