Company: SINT
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001493152-25-021930
Chunk: 11

Company: Sintx Technologies, Inc.
Filing Date: 2025-11-12
Form: 10-Q
Item: Item 8
Chunk 11
---
 markets.

    Level
    2 -
    observable
    prices that are based on inputs not quoted on active markets but corroborated by market data.

    Level
    3 -
    unobservable
    inputs reflecting management’s assumptions, consistent with reasonably available assumptions made by other market participants.
    These valuations require significant judgment.

The
Company classifies assets and liabilities measured at fair value in their entirety based on the lowest level of input that is significant
to their fair value measurement. No financial assets or liabilities (except the derivative liabilities explained above) were measured
on a recurring basis as of September 30, 2025, and December 31, 2024. The following tables set forth the financial liabilities measured
at fair value on a recurring basis by level within the fair value hierarchy as of September 30, 2025, and December 31, 2024 (in thousands):

 Schedule of Financial Liabilities
Measured at Fair Value on Recurring Basis by Level Within Fair Value Hierarchy

    Fair Value Measurements as of September 30, 2025 
  
    Description 
    Level 1  
    Level 2  
    Level 3  
    Total 
  
    Derivative liabilities: 

    Common stock warrants 
    $-  
    $-  
    $870  
    $870 

    Fair Value Measurements as of December 31, 2024 
  
    Description 
    Level 1  
    Level 2  
    Level 3  
    Total 
  
    Derivative liabilities: 

    Common stock warrants 
    $-  
    $-  
    $208  
    $208 

    11

The
Company did not have any transfers of assets and liabilities between Level 1 and Level 2 of the fair value measurement hierarchy during
the nine months ended September 30, 2025, and 2024. The following table presents a reconciliation of the derivative liabilities measured
at fair value on a recurring basis using significant unobservable inputs (Level 3) during the nine months ended September 30, 2025, and
2024 (in thousands):

 Schedule of Fair Value Measurement
Hierarchy of Derivative Liability

    Common Stock Warrants 
  
    Balance as of December 31, 2023 
    $304 
  
    Issuance of derivatives 
     3,366 
  
    Exercise of warrants 
     (1)