Quarterly report [Sections 13 or 15(d)]

FAIR VALUE MEASUREMENT (Tables)

v3.26.1
FAIR VALUE MEASUREMENT (Tables)
 6 Months Ended
Jun. 30, 2026
Fair Value Disclosures [Abstract]  
SCHEDULE OF ASSETS AND LIABILITIES MEASURED AT FAIR VALUE

Assets and liabilities measured at fair value on a recurring basis are as follows:

 

                 
    June 30, 2026  
    Level 1     Level 2     Level 3     Total  
Assets:                        
Money market funds   $ 29,039     $ -     $ -     $ 29,039  
Total assets   $ 29,039     $ -     $ -     $ 29,039  
                                 
Liabilities:                                
Warrant liability   $ -     $ -     $ 30     $ 30  
Earn-out liabilities     -       -       713       713  
Total liabilities   $ -     $ -     $ 743     $ 743  

 

                 
    December 31, 2025  
    Level 1     Level 2     Level 3     Total  
Assets:                        
Money market funds   $ 32,500     $ -     $ -     $ 32,500  
Total assets   $ 32,500     $ -     $ -     $ 32,500  
                                 
Liabilities:                                
Warrant liability   $ -     $ -     $ 30     $ 30  
Earn-out liabilities     -       -       1,986       1,986  
Total liabilities   $ -     $ -     $ 2,016     $ 2,016  
SUMMARY OF CHANGES IN FAIR VALUE OF LEVEL 3 WARRANT LIABILITIES MEASURED AT RECURRING BASIS

The following table sets forth a summary of the changes in the fair value of Level 3 liabilities that are measured at fair value on a recurring basis during the six months ended June 30, 2026:

 

    2026  
Earn-Out Liabilities        
Beginning balance as of January 1,   $ 1,986  
Change in fair value of earn-out liabilities     (1,273 )
Ending balance as of June 30,   $ 713