Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v3.23.2
Summary of Significant Accounting Policies (Tables)
 6 Months Ended
Jun. 30, 2023
Summary of Significant Accounting Policies [Abstract]  
Schedule of Fair Value Hierarchy of Financial Liabilities Measured at Fair Value The following table summarizes the fair value hierarchy of financial liabilities measured at fair value as of June 30, 2023 (in thousands).
    Quoted
Prices in
Active
Markets for
Identical
Assets		     Significant
Other
Observable
Inputs		     Significant
Unobservable
Inputs		        
    (Level 1)     (Level 2)     (Level 3)     Total  
Warrant liability   $
        -
     $
         -
     $ 12,924     $ 12,924  
Total liabilities at fair value   $
-
     $
-
     $ 12,924     $ 12,924  
Schedule of Changes in Fair Value of the Derivative Liability Classified in Level 3 The following table summarizes the changes in fair value of the derivative liability classified in Level 3. Gains and losses reported in this table include changes in fair value that are attributable to unobservable inputs.
    Six Months Ended
June 30,
2023		  
Fair value at January 1, 2023   $
-
  
Issuance of Warrants (March 3, 2023)     2,831  
Change in fair value of Warrants     10,093  
Fair value at June 30, 2023   $ 12,924