Quarterly report [Sections 13 or 15(d)]

Fair Value Measurements and Financial Instruments (Tables)

v3.25.2
Fair Value Measurements and Financial Instruments (Tables)
 6 Months Ended
Jun. 30, 2025
Private Warrants [Member]  
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]  
Fair Value Measurement Inputs and Valuation Techniques The Private Warrants have been recorded at fair value based on a Black-Scholes option pricing model with the following material assumptions based on observable and unobservable inputs:

 

 

 

June 30,
2025

 

Expected term (in years)

 

 

0.5

 

Expected dividend rate

 

 

2.8

%

Volatility

 

 

67.4

%

Risk-free interest rate

 

 

4.3

%

Strike price

 

$

11.50

 
Deferred Shares [Member]  
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]  
Fair Value Measurement Inputs and Valuation Techniques The Additional Deferred Shares have been recorded at fair value based on a Monte Carlo pricing model with the following material assumptions based on observable and unobservable inputs:

 

 

 

June 30,
2025

 

Expected term (in years)

 

 

1.9

 

Volatility

 

 

52.2

%

Risk-free interest rate

 

 

3.7

%

Stock price

 

$

4.23