Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2024

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):

	June 30, 2024								December 31, 2023
	Total		Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3
Liability:
Contingent consideration (1)	$	1,170		-		-	$	1,170	$	1,208		-		-	$	1,208
Total liabilities	$	1,170		-		-	$	1,170	$	1,208		-		-	$	1,208

(1) As of June 30, 2024 and December 31, 2023, contingent consideration includes certain amounts in other long-term liabilities on the Company’s condensed 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 six months ended June 30, 2024 and 2023 (in thousands):

	Three Months Ended June 30,					Six Months Ended June 30,
	2024			2023		2024			2023
Beginning period balance	$	1,182			-	$	1,208			-
Additions to contingent consideration		-			-		-			-
Payments of contingent consideration		-			-		-			-
Fair value adjustment of earn-out liabilities		-			-		-			-
Currency translation adjustment		(12	)		-		(38	)		-
Ending period balance	$	1,170		$	-	$	1,170		$	-