v3.25.1

FAIR VALUE MEASUREMENT (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2024
Fair Value Disclosures [Abstract] |
SUMMARY OF ASSETS AND LIABILITIES MEASURED AT FAIR VALUE RECURRING AND NONRECURRING BASIS | Assets and liabilities measured at fair value on a recurring basis are as follows: SUMMARY OF ASSETS AND LIABILITIES MEASURED AT FAIR VALUE RECURRING AND NONRECURRING BASIS
|  | December 31, 2024 |
|  | Level 1 |  |  | Level 2 |  |  | Level 3 |  |  | Total |
Assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Marketable securities |  | $ | 13,630 |  |  | $ | - |  |  | $ | - |  |  | $ | 13,630 |
Money market funds |  |  | 27,347 |  |  |  | - |  |  |  | - |  |  |  | 27,347 |
Alternative fuel credits |  |  | - |  |  |  | 51 |  |  |  | - |  |  |  | 51 |
Total assets |  | $ | 40,977 |  |  | $ | 51 |  |  | $ | - |  |  | $ | 41,028 |
Liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Warrant liability |  | $ | - |  |  | $ | - |  |  | $ | 22 |  |  | $ | 22 |
Common stock consideration payable |  |  | - |  |  |  | - |  |  |  | 21,028 |  |  |  | 21,028 |
Total liabilities |  | $ | - |  |  | $ | - |  |  | $ | 21,050 |  |  | $ | 21,050 |
|  | December 31, 2023 |
|  | Level 1 |  |  | Level 2 |  |  | Level 3 |  |  | Total |
Assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Marketable securities |  | $ | 22,970 |  |  | $ | - |  |  | $ | - |  |  | $ | 22,970 |
Money market funds |  |  | 46,572 |  |  |  | - |  |  |  | - |  |  |  | 46,572 |
Alternative fuel credits |  |  | - |  |  |  | 32 |  |  |  | - |  |  |  | 32 |
Total assets |  | $ | 69,542 |  |  | $ | 32 |  |  | $ | - |  |  | $ | 69,574 |
Liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Warrant liability |  | $ | - |  |  | $ | - |  |  | $ | 32 |  |  | $ | 32 |
Option liability |  |  | 293 |  |  |  | - |  |  |  | - |  |  |  | 293 |
Common stock liability |  |  | 743 |  |  |  | - |  |  |  | - |  |  |  | 743 |
Common stock consideration payable |  |  | - |  |  |  | - |  |  |  | 18,118 |  |  |  | 18,118 |
Total liabilities |  | $ | 1,036 |  |  | $ | - |  |  | $ | 18,150 |  |  | $ | 19,186 |
SUMMARY OF ASSUMPTIONS USED FOR VALUATION OF FAIR VALUE LIABILITIES | Assumptions utilized in the valuation of warrant liabilities are described as follows: SUMMARY OF ASSUMPTIONS USED FOR VALUATION OF FAIR VALUE LIABILITIES
|  | For the Years Ended |
|  | December 31, |
|  | 2024 |  |  | 2023 |  |  | 2022 |
Risk-free interest rate |  |  | 3.98%-5.09% |  |  |  | 4.64%-5.46% |  |  |  | 1.63%-4.73 | %
Contractual term (years) |  |  | 1.00 |  |  |  | 1.00 |  |  |  | 1.00 |
Expected volatility |  |  | 84%-92% |  |  |  | 67%-80% |  |  |  | 74%-85 | %
Expected dividend yield |  |  | 0.00 | % |  |  | 0.00 | % |  |  | 0.00 | %
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 fair value measurements on a recurring basis: SUMMARY OF CHANGES IN FAIR VALUE OF LEVEL 3 WARRANT LIABILITIES MEASURED AT RECURRING BASIS
|  | 2024 |  |  | 2023 |
Common Stock Consideration Payable |  |  |  |  |  |  |  |
Beginning balance as of January 1, |  | $ | 18,118 |  |  | $ | - |
Consideration payable assumed in Envoy acquisition |  |  | - |  |  |  | 18,118 |
Change in fair value of consideration payable |  |  | 2,910 |  |  |  | - |
Ending balance as of December 31, |  | $ | 21,028 |  |  | $ | 18,118 |
Warrant Liability |  |  |  |  |  |  |  |
Beginning balance as of January 1 |  | $ | 32 |  |  | $ | 24 |
Change in fair value of warrant liability |  |  | (10 | ) |  |  | 8 |
Ending balance as of December 31, |  | $ | 22 |  |  | $ | 32 |
Contingent Consideration |  |  |  |  |  |  |  |
Beginning balance as of January 1 |  | $ | - |  |  | $ | 1,316 |
Change in fair value of contingent consideration |  |  | - |  |  |  | (1,316 | )
Ending balance as of December 31, |  | $ | - |  |  | $ | - |

X
- Definition Tabular disclosure of financial instrument measured at fair value on recurring or nonrecurring basis. Includes, but is not limited to, instrument classified in shareholders' equity. + 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 Reference 3: http://www.xbrl.org/2003/role/exampleRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 100 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482078/820-10-55-100 Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-3 + Details
Name: | us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of input and valuation technique used to measure fair value and change in valuation approach and technique used to measure similar asset in prior period by class of asset or liability on non-recurring 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) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + Details
Name: | us-gaap_FairValueAssetsMeasuredOnNonrecurringBasisValuationTechniquesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_FairValueDisclosuresAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the fair value measurement of liabilities using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets), and gains or losses recognized in other comprehensive income (loss) and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs) by class of liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-3 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + Details
Name: | us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration