v3.26.1
Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2026
Fair Value Disclosures [Abstract]  
Schedule of fair value on a recurring basis

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As of

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June 30, 2026

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Level 1

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Level 2

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Level 3

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Total

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Derivative liability - BTI Warrants

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$

—

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$

6,943

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$

167

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$

7,110

Derivative liability - OnkosXcel Warrants

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—

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—

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—

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—

Total derivative liabilities

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$

—

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$

6,943

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$

167

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$

7,110

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As of

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December 31, 2025

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Level 1

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Level 2

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Level 3

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Total

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Derivative liability - BTI Warrants

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$

—

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$

1,436

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$

354

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$

1,790

Derivative liability - OnkosXcel Warrants

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—

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—

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—

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—

Total derivative liabilities

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$

—

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$

1,436

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$

354

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$

1,790

Schedule of changes in Level 3 liabilities

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Six months ended

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June 30, 

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2026

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2025

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Derivative liabilities, Balance - January 1

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$

354

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$

40

Addition of derivative liabilities - BTI Warrant (March 2025 Accompanying Warrants)

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—

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2,831

Addition of derivative liabilities - Option Warrant

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—

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369

Termination of derivative liabilities - Option Warrant

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(369)

Change in fair value

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(187)

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(1,856)

Derivative liabilities, Balance - June 30

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$

167

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$

1,015

Schedule of warrants outstanding

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Warrant Recipient

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Warrant Type

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Issue Date

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Exercise Price

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Number of Warrants

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Classification

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Lenders

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Closing Date Warrants

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4/19/2022

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$

7.68

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18

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Equity

Lenders

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2023 Warrants

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12/5/2023

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$

7.68

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4

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Equity

Lenders

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2024 Warrants

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3/20/2024

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$

7.68

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6

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Equity

Armistice Capital Master Fund Ltd.

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Accompanying Warrants

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3/27/2024

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$

1.614

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539

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Derivative Liability

Armistice Capital Master Fund Ltd.

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November 2024 Accompanying Warrants

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11/25/2024

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$

1.614

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846

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Derivative Liability

Heights Capital Management

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November 2024 Accompanying Warrants

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11/25/2024

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$

7.68

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27

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Derivative Liability

Hudson Bay Capital Management

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November 2024 Accompanying Warrants

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11/25/2024

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$

7.68

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27

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Derivative Liability

IntraCoastal Capital, LLC

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November 2024 Accompanying Warrants

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11/25/2024

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$

7.68

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13

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Derivative Liability

Murchison Capital Partners, LP and assignees

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March 2025 Accompanying Warrants

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3/4/2025

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$

4.20

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1,700

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Derivative Liability

Armistice Capital Master Fund Ltd.

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March 2026 Accompanying Warrants

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3/11/2026

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$

1.61

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4,500

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Derivative Liability

Augustus Trading LLC

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March 2026 Placement Agent Warrants

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3/11/2026

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$

2.0175

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79

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Equity

David Dinkin

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March 2026 Placement Agent Warrants

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3/11/2026

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$

2.0175

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71

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Equity

Wilson Drive Holdings LLC

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March 2026 Placement Agent Warrants

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3/11/2026

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$

2.0175

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30

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Equity

Total warrants issued

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7,860

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