Quarterly report [Sections 13 or 15(d)]

Fair Value Measurements (Tables)

v3.25.2
Fair Value Measurements (Tables) - Warrant [Member]
6 Months Ended
Jun. 30, 2025
Schedule of revaluation of warrant liability

​

​

​

​

​

​

​

Warrants

($ in thousands)

    

liabilities

Balance at December 31, 2024

​

$

214

Change in fair value of common stock warrants - Avenue

​

​

(16)

Change in fair value of common stock warrants - Checkpoint

​

​

108

Deconsolidation of Checkpoint

​

​

(306)

Balance at June 30, 2025

​

$

—

Checkpoint  
Summary of the Weighted average Significant Unobservable Inputs

​

​

​

​

​

​

​

​

​

​

​

​

May 31, 

​

December 31,

​

​

Checkpoint Warrants

​

2025

​

2024

​

​

Exercise price

​

$

4.10

​

$

5.41

​

​

Volatility

​

​

131.9

%

​

111.1

%

​

Expected life in years

​

​

2.5

​

​

3.0

​

​

Risk-free rate

​

​

3.9

%

​

4.3

%

​

Avenue  
Summary of the Weighted average Significant Unobservable Inputs

​

​

​

​

​

​

​

​

​

​

​

June 30, 

​

​

December 31

​

​

​

​

2025

​

​

2024

​

​

Stock price

​

$ 0.20

​

​

$ 2.00

​

​

Risk-free interest rate

    

3.72

%  

​

4.27

%  

​

Expected dividend yield

 

—

 

​

—

 

​

Expected term in years

 

2.3

 

​

2.8

 

​

Expected volatility

 

132

%  

​

155

%  

​