Quarterly report [Sections 13 or 15(d)]

Fair Value Measurements and Financial Instruments (Tables)

v3.25.3
Fair Value Measurements and Financial Instruments (Tables)
 9 Months Ended
Sep. 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:

 

 

 

September 30,
2025

 

Expected term (in years)

 

 

0.2

 

Expected dividend rate

 

 

2.6

%

Volatility

 

 

78.1

%

Risk-free interest rate

 

 

4.0

%

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:

 

 

 

September 30,
2025

 

Expected term (in years)

 

 

1.7

 

Volatility

 

 

60.0

%

Risk-free interest rate

 

 

3.6

%

Stock price

 

$

4.57