Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurement (Tables)

v3.23.3
Fair Value Measurement (Tables)
9 Months Ended
Sep. 30, 2023
Fair Value Measurement  
Schedule of financial instruments measured at fair value on recurring basis

As of September 30, 2023

Quoted Market

Prices in Active

Significant

(in thousands)

Markets for

Significant Other

Unobservable

Identical Assets

Observable Inputs

Inputs

Total Fair Value

(Level 1)

(Level 2)

(Level 3)

Measurements

Assets:

    

  

    

  

    

  

    

  

Cash equivalents

$

60,651

$

$

$

60,651

Liabilities:

Contingent consideration

$

$

$

1,193

$

1,193

As of December 31, 2022

Quoted Market

 

Prices in Active

Significant

(in thousands)

Markets for

Significant Other

Unobservable

 

Identical Assets

 

Observable Inputs

Inputs

Tota1 Fair Value

(Level 1)

(Level 2)

 

(Level 3)

Measurements

Assets:

    

 

  

    

 

  

    

 

  

    

 

  

Cash equivalents

 

$

11,710

$

$

 

$

11,710

 

Schedule of fair value measurements of the contingent consideration categorized with Level 3

(in thousands)

Balance at January 1, 2023

$

Fair value at date of acquisition

1,193

Fair value adjustments

Payments

Balance at September 30, 2023

$

1,193