Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Tables)

v3.23.1
Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2023
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 March 31, 2023 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

$

40,632

$

$

$

40,632

Total cash equivalents

40,632

40,632

Equity securities

311

311

Total financial assets

$

40,943

$

$

$

40,943

Liabilities:

Contingent consideration under RPAs and CPPAs

$

$

$

75

$

75

Fair Value Measurements at December 31, 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

$

30,334

$

$

$

30,334

Total cash equivalents

30,334

30,334

Equity securities

335

335

Total financial assets

$

30,669

$

$

$

30,669

Liabilities:

Contingent consideration under RPAs and CPPAs

$

$

$

75

$

75