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Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2023
Fair Value Disclosures [Abstract]  
Schedule of Fair Value Measurements
The Company’s financial assets and liabilities that are measured at fair value on a recurring basis are summarized below:
December 31, 2023
Level 1Level 2Level 3Total
Assets:
Cash equivalents:
Money market funds$25,306$$$25,306
Total$25,306$$$25,306
Liabilities:
Derivative liability$$$$
Other non-current liabilities:
Public Warrants402402
Private Placement Warrants44
Total$402$4$$406
December 31, 2022
Level 1Level 2Level 3Total
Assets:
Cash equivalents:
Money market funds$1,154 — — $1,154 
Total$1,154 — — $1,154 
Liabilities:
Derivative liability— — 180 180 
Other non-current liabilities:  
Public Warrants384 — — 384 
Private Placement Warrants— 11 — 11 
Total$384 $11 $180 $575 
Schedule of Significant Unobservable Inputs Related to the Derivative Liability
The following table provides quantitative information regarding the significant unobservable inputs used by the Company related to the derivative liability:
December 31,
2022
Term (in years)3.9
Risk-free rate4.11%
Volatility76.6%
Schedule of Activity of the Level 3 Instruments
The following table represents the activity of the Level 3 instruments:
Derivative
Liability
Balance as of December 31, 20214,875 
Change in fair value of derivative liability(4,695)
Balance as of December 31, 2022$180 
Change in fair value of derivative liability(180)
Balance as of December 31, 2023$—