ENvue Medical, Inc. Fair Value Disclosure
NOTE 17 – FAIR VALUE
Financial Liabilities Measured at Fair Value on a Recurring Basis
There were no transfers between Level 3 during the year ended December 31, 2025, and 2024.
The following table presents changes in Level 3 asset and liability measured at fair value for the year ended December 31, 2025 and 2024:
| Warrants Liability | ||||
| Balance – December 31, 2024 | $ | |||
| Issuance – warrant liability | 8,078 | |||
| Reclassification of warrant liability to equity | (1,067 | ) | ||
| Fair Value adjustments – warrant liability | (6,204 | ) | ||
| Balance – December 31, 2025 | $ | 807 | ||
The following table sets forth the Company’s assets and liabilities which are measured at fair value on a recurring basis by level within the fair value hierarchy:
| Fair Value Measurements as of December 31, 2025 | ||||||||||||||||
| Level I | Level II | Level III | Total | |||||||||||||
| Warrant liability | $ | 807 | 807 | |||||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Apr 15, 2026 | Showing above |
| 2016 | Mar 31, 2017 | |
| 2015 | Mar 30, 2016 | |
About Fair Value Disclosures
Fair value disclosures classify all assets and liabilities measured at fair value into a three-level hierarchy: Level 1 (quoted market prices), Level 2 (observable inputs like yield curves), and Level 3 (unobservable inputs requiring management estimates). The proportion of Level 3 assets directly reflects how much of the balance sheet depends on internal models rather than market evidence.
Key signals: a growing Level 3 balance relative to total fair-value assets increases valuation uncertainty and earnings volatility risk. Watch for transfers between levels — assets moving from Level 2 to Level 3 often signal deteriorating market liquidity. Unrealized gains and losses on Level 3 positions flow through earnings or other comprehensive income, so large swings deserve scrutiny. For financial institutions, examine the sensitivity disclosures that show how Level 3 valuations change under alternative assumptions. Compare the fair value of debt against its carrying amount to gauge hidden leverage.