Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Tables)

v3.22.2
Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2022
Fair Value Measurements  
Schedule of Financial Assets and Liabilities Carried at Fair Value on Recurring Basis

The following tables set forth the Company’s fair value hierarchy for its financial assets and liabilities measured at fair value on a recurring basis as follows (in thousands):

Fair Value Measurements at June 30, 2022 Using:

Quoted Prices in

Significant Other

Significant

Active Markets for

Observable

Unobservable

Identical Assets

Inputs

Inputs

    

(Level 1)

    

(Level 2)

    

(Level 3)

    

Total

Assets:

Cash equivalents:

Money market funds

$

10,054

$

$

$

10,054

US treasury bills

19,975

19,975

Total cash equivalents

30,029

30,029

Equity securities

523

523

Total financial assets

$

30,552

$

$

$

30,552

Liabilities:

Contingent consideration under RPAs and CPPAs

$

$

$

3,075

$

3,075

Fair Value Measurements at December 31, 2021 Using:

Quoted Prices in

Significant Other

Significant

Active Markets for

Observable

Unobservable

Identical Assets

Inputs

Inputs

    

(Level 1)

    

(Level 2)

    

(Level 3)

    

Total

Assets:

  

  

  

  

Equity securities

$

774

$

$

$

774

Liabilities:

Contingent consideration under RPAs and CPPAs

$

$

$

8,075

$

8,075