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Fair Value Measurements
 9 Months Ended
Sep. 30, 2023
Fair Value Disclosures [Abstract]  
Fair Value Measurements

9. Fair Value Measurements

 

The following tables present the Company’s assets and liabilities that are measured at fair value on a recurring basis, inclusive of related party (in thousands):

 

   Level 1   Level 2   Level 3   Total 
   September 30, 2023 
   Level 1   Level 2   Level 3   Total 
Liabilities:                
Convertible promissory notes  $-   $-   $47,990   $47,990 
Total liabilities, at fair value  $-   $-   $47,990   $47,990 

 

   Level 1   Level 2   Level 3   Total 
   December 31, 2022 
   Level 1   Level 2   Level 3   Total 
Liabilities:                
Convertible promissory notes  $-   $-   $26,243   $26,243 
Total liabilities, at fair value  $-   $-   $26,243   $26,243 

 

The following table presents the changes in the convertible promissory notes measured at fair value at September 30, 2023, and December 31, 2022 (in thousands):

 

Level 3 Rollforward:  Convertible Promissory Notes 
Balance, December 31, 2022   26,243 
Additions   3,875 
Changes in fair value   17,872 
Balance, September 30, 2023  $47,990