Company: CDT
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001641172-25-024140
Chunk: 89

Company: CDT Equity Inc.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 8
Chunk 89
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 of ASU 2024-03 will have on its consolidated financial statements and disclosures.

2.
Fair Value

The
following table presents as of June 30, 2025 the Company’s assets and liabilities subject to measurement at fair value on a recurring
basis (in thousands):

 Schedule of Assets Subject to Measurement at Fair Value on Recurring Basis

    Fair
    Value Measurements as of June 30, 2025 

    Level
    1  
    Level
    2  
    Level
    3  
    Total 
  
    Assets: 

    Cash
    equivalents 
    $331  
    $-  
    $-  
    $331 
  
    Total
    Assets 
    $331  
    $-  
    $-  
    $331 

    Liabilities: 

    Convertible
    notes payable, at fair value 
    $-  
    $-  
    $1,882  
    $1,882 
  
    Liability
    Classified Warrants 
     -  
     -  
     1  
     1 
  
    Total
    Liabilities 
    $-  
    $-  
    $1,883  
    $1,883 

    11

The
following table presents as of December 31, 2024 the Company’s assets and liabilities subject to measurement at fair value on a
recurring basis (in thousands):

    Fair
    Value Measurements as of December 31, 2024 

    Level
    1  
    Level
    2  
    Level
    3  
    Total 
  
    Assets: 

    Cash
    equivalents 
    $192  
    $-  
    $-  
    $192 
  
    Total
    Assets 
    $192  
    $-  
    $-  
    $192 

    Liabilities: 

    Convertible
    notes payable, at fair value 
    $-  
    $-  
    $5,856  
    $5,856 
  
    Liability
    Classified Warrants 
     -  
     -  
     138  
     138 
  
    Total
    Liabilities 
    $-  
    $-  
    $5,994