Annual report [Section 13 and 15(d), not S-K Item 405]

Stock Warrants (Tables)

v3.25.1
Stock Warrants (Tables)
 12 Months Ended
Dec. 31, 2024
Subsidiary Sale Of Stock [Line Items]  
Summary of Fair Value Hierarchy of the Valuation

The following table presents information about the Company’s assets that are measured at fair value as of December 31, 2024 and 2023, and indicates the fair value hierarchy of the valuation:

 

 

Fair Value Measurements

 

 

 

December 31, 2024

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

Cash equivalents:

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds

 

$

46,313

 

 

$

—

 

 

$

—

 

 

$

46,313

 

Total cash equivalents

 

$

46,313

 

 

$

—

 

 

$

—

 

 

$

46,313

 

Total assets

 

$

—

 

 

$

—

 

 

$

—

 

 

$

—

 

Liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

Contingent earnout liability

 

$

5,037

 

 

$

—

 

 

$

—

 

 

$

5,037

 

Total liabilities

 

$

5,037

 

 

$

—

 

 

$

—

 

 

$

5,037

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

Cash equivalents:

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds

 

$

110,775

 

 

$

—

 

 

$

—

 

 

$

110,775

 

Total cash equivalents

 

$

110,775

 

 

$

—

 

 

$

—

 

 

$

110,775

 

Total assets

 

$

110,775

 

 

$

—

 

 

$

—

 

 

$

110,775

 

Liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

Contingent earnout liability

 

$

—

 

 

$

—

 

 

$

1,379

 

 

$

1,379

 

Private placement warrant liability

 

 

—

 

 

 

—

 

 

 

189

 

 

 

189

 

Teton acquisition contingent earnout liability

 

 

—

 

 

 

—

 

 

 

1,500

 

 

 

1,500

 

Total liabilities

 

$

—

 

 

$

—

 

 

$

3,068

 

 

$

3,068