Annual report [Section 13 and 15(d), not S-K Item 405]

FAIR VALUE MEASUREMENTS (Tables)

v3.26.1
FAIR VALUE MEASUREMENTS (Tables)
12 Months Ended
Dec. 31, 2025
FAIR VALUE MEASUREMENTS  
Summary of major categories of assets and liabilities measured at fair value on a recurring basis

As of December 31, 2025

  ​ ​ ​

Level 1

  ​ ​ ​

Level 2

  ​ ​ ​

Level 3

  ​ ​ ​

Total

Assets:

Short-term investments

$

33,753

$

$

$

33,753

Total assets measured at fair value

$

33,753

$

$

$

33,753

Liabilities:

 

  ​

 

  ​

 

  ​

 

  ​

Share-based compensation liability

$

$

$

29,182

$

29,182

Total liabilities measured at fair value

$

$

$

29,182

$

29,182

As of December 31, 2024

  ​ ​ ​

Level 1

  ​ ​ ​

Level 2

  ​ ​ ​

  ​ ​Level 3    

  ​ ​ ​

Total

Assets:

Short-term investments

$

33,051

$

$

$

33,051

Total assets measured at fair value

$

33,051

$

$

$

33,051

Liabilities:

 

  ​

 

  ​

 

  ​

 

  ​

Share-based compensation liability

$

$

$

199,263

$

199,263

Warrant liability

5,592

5,592

Total liabilities measured at fair value

$

$

$

204,855

$

204,855