Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Tables)

v3.23.2
Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 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 June 30, 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

$

30,102

$

$

$

30,102

Total cash equivalents

30,102

30,102

Equity securities

320

320

Total financial assets

$

30,422

$

$

$

30,422

Liabilities:

Contingent consideration under RPAs, AAAs and CPPAs

$

$

$

1,000

$

1,000

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, AAAs and CPPAs

$

$

$

75

$

75