Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Tables)

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Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2024
Fair Value Disclosures [Abstract]  
Schedule of Fair Value Hierarchy
In accordance with the fair value hierarchy described above, the following tables show the fair value of the Company’s financial liabilities that are required to be measured at fair value on a recurring basis and the related activity for the periods presented:
Fair Value as of June 30, 2024
Carrying Value Level 1 Level 2 Level 3
Financial liabilities:
Warrant liability - Public Warrants $ 258,750  $ 258,750  $ $
Warrant liability - Private Warrants 224,862  224,862 
Warrant liability - SPA Warrants 709,081  709,081 
Total $ 1,192,693  $ 258,750  $ $ 933,943 
Schedule of Changes in Fair Value
The following table sets forth a summary of the changes in fair value of the Company’s financial liabilities:
Warrant
Liability
Balance, December 31, 2023 $ 18,376,180 
Exercise of warrants (4,451,163)
Change in fair value of warrant liabilities (12,732,324)
Balance, June 30, 2024 $ 1,192,693