Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2023

Fair Value Disclosures [Abstract]

Schedule of company's contingent consideration measured at fair value

The Company’s contingent consideration measured at fair value for the periods presented are as follows (in thousands):

	September 30, 2023								December 31, 2022
	Total		Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3
Liability:
Contingent consideration (1)	$	3,460		-		-	$	3,460		-		-		-		-
Total liabilities	$	3,460		-		-	$	3,460		-		-		-		-

(1) As of September 30, 2023, contingent consideration includes certain amounts in accrued general liabilities and other long-term liabilities on the Company’s Consolidated Balance Sheets.

Summary of reconciliation of changes in the fair value of the Company's earn-out liabilities

The following table provides a reconciliation of changes in the fair value of the Company’s earn-out liabilities associated with the Company’s acquisition measured at fair value for the three and nine months ended September 30, 2023 and 2022 (in thousands):

	Three Months Ended September 30,					Nine Months Ended September 30,
	2023			2022		2023			2022
Beginning period balance	$	-			-	$	-			-
Additions to contingent consideration		3,571			-		3,571			-
Payments of contingent consideration		-			-		-			-
Fair value adjustment of earn-out liabilities		-			-		-			-
Currency translation adjustment		(111	)		-		(111	)		-
Ending period balance	$	3,460			-	$	3,460			-