Company: CDT
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001493152-25-022373
Chunk: 14

Company: CDT Equity Inc.
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 8
Chunk 14
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    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  
    $5,994 

The
following table presents additional information about the Convertible Notes Payable subject to measurement at fair value on a recurring
basis and warrant liabilities, for which the Company used significant unobservable inputs (Level 3) (in thousands):

Schedule of Additional Information About the Financial Liabilities Subject To Measurement at Fair Value 

    Convertible Notes Payable  
    Liability Classified Warrants 
  
    Balance as of December 31, 2024 
    $5,856  
    $138 
  
    Repayment of convertible notes 
     (1,054) 
     - 
  
    Change in fair value 
     (2,139) 
     (131)
  
    Balance as of March 31, 2025 
    $2,663  
    $7 
  
    Conversion of convertible notes 
     (1,872) 
     - 
  
    Interest expense 
     57  
     - 
  
    Change in fair value 
     1,034  
     (6)
  
    Balance as of June 30, 2025 
    $1,882  
    $1 
  
    Balance 
    $1,882  
    $1 

    Conversion of convertible notes 
     (186) 
     - 
  
    Interest expense 
     48  
     - 
  
    Change in fair value 
     (13) 
     -
  
    Balance as of September 30, 2025 
    $1,731  
    $1
  
    Balance 
    $1,731  
    $1