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FAIR VALUE MEASUREMENTS (Tables)
9 Months Ended
Sep. 30, 2025
Fair Value Disclosures [Abstract]  
Financial assets measured at fair value on a recurring basis
The Company’s financial assets and liabilities measured at fair value on a recurring basis, consisted of the following types of instruments as of the following dates:

Level 1Level 2Level 3Total
September 30, 2025
Assets Carried at Fair Value:
Derivative asset - interest rate swap$— $— $— $— 
Liabilities Carried at Fair Value:
Warrants$41,427 $— $— $41,427 
Earnout consideration— — — — 
December 31, 2024
Assets Carried at Fair Value:
Derivative asset - interest rate swap$— $2,749 $— $2,749 
Liabilities Carried at Fair Value:
Warrants$104,231 $— $— $104,231 
Earnout consideration— — 20,533 20,533 
Financial liabilities measured at fair value on a recurring basis
The Company’s financial assets and liabilities measured at fair value on a recurring basis, consisted of the following types of instruments as of the following dates:

Level 1Level 2Level 3Total
September 30, 2025
Assets Carried at Fair Value:
Derivative asset - interest rate swap$— $— $— $— 
Liabilities Carried at Fair Value:
Warrants$41,427 $— $— $41,427 
Earnout consideration— — — — 
December 31, 2024
Assets Carried at Fair Value:
Derivative asset - interest rate swap$— $2,749 $— $2,749 
Liabilities Carried at Fair Value:
Warrants$104,231 $— $— $104,231 
Earnout consideration— — 20,533 20,533 
Reconciliation of warrant liabilities measured at fair value
The following table provides a reconciliation of the ending balances for the warrant liabilities remeasured at fair value:

 Warrant Liabilities
Estimated fair value at December 31, 2024$104,231 
Revaluation of warrant liability152,782 
Settlement of exercise of warrants(215,586)
Estimated fair value at September 30, 2025$41,427 
Earnout consideration The following table provides a reconciliation of the ending balances for the earnout consideration liabilities remeasured at fair value:
Earnout Consideration Liability
Estimated fair value at December 31, 2024$20,533 
Change in fair value of Phase two on achievement date57,101 
Settlement of Phase two on September 08, 2025(77,634)
Estimated fair value at September 30, 2025$—