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Fair Value Measurements (Tables) | 6 Months Ended
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Jun. 30, 2025
Fair Value Disclosures [Abstract] |
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis | Financial assets and liabilities that are measured at fair value on a recurring basis are classified as Level 1, Level 2 and Level 3 as follows (in thousands):
| As of June 30, 2025
| Total | Level 1 | Level 2 | Level 3
Assets: |  |  |  |
Crypto Assets | 1,435 |  | — |  | 1,435 |  | — |
Total Assets | $ | 1,435 |  | $ | — |  | $ | 1,435 |  | $ | — |
Liabilities: |  |  |  |
Warrant liability - Class 1 and Class 2 warrants | 21,922 |  | — |  | — |  | 21,922 |
Warrant liability - public warrants | 1,357 |  | 1,357 |  | — |  | — |
Total Liabilities | $ | 23,279 |  | $ | 1,357 |  | $ | — |  | $ | 21,922 |
| As of December 31, 2024
| Total | Level 1 | Level 2 | Level 3
Liabilities: |  |  |  |
Warrant liability - Class 1 and Class 2 warrants | 42,782 |  | — |  | — |  | 42,782 |
Warrant liability - public warrants | 4,141 |  | 4,141 |  | — |  | — |
Total Liabilities | $ | 46,923 |  | $ | 4,141 |  | $ | — |  | $ | 42,782 |
Fair Value Measurement Inputs and Valuation Techniques | The significant unobservable inputs used for the fair value measurement of the Class 1 Warrants and Class 2 Warrants liabilities as of June 30, 2025 are summarized as follows:
Expected term (years) | 4.18
Continuous risk-free rate | 3.68%
Expected volatility | 125.0%

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- Definition Tabular disclosure of input and valuation technique used to measure fair value and change in valuation approach and technique for each separate class of asset and liability measured on recurring and nonrecurring basis. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (bbb)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 2: http://www.xbrl.org/2003/role/exampleRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 103 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482078/820-10-55-103 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (bbb)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + Details
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- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + Details
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