XML 62 R32.htm IDEA: XBRL DOCUMENT v3.24.1
FAIR VALUE MEASUREMENTS (Tables)
12 Months Ended
Dec. 31, 2023
Fair Value Disclosures [Abstract]  
Fair Value Measurements, Nonrecurring
The following tables present the Company’s financial instruments that are measured and recorded at fair value on the Company’s consolidated balance sheets on a non-recurring basis, segregated by hierarchy fair value levels as of December 31, 2023 and 2022 (in thousands):
Fair Value Measured as of December 31, 2023
Carrying ValueQuoted Prices
 in Active
Markets
 (Level 1)
Significant
Other
Observable
Inputs
(Level 2)
Significant
Other
 Unobservable
Inputs
 (Level 3)
Remeasurement
Gain (Loss)
Contingent consideration liability - Contingent Value Rights$— $— $— $— $(64)
$— $— $— $— $(64)
Fair Value Measured as of December 31, 2022
Carrying ValueQuoted Prices
 in Active
Markets
 (Level 1)
Significant
Other
Observable
Inputs
(Level 2)
Significant
Other
 Unobservable
Inputs
 (Level 3)
Remeasurement
Gain (Loss)
Contingent consideration liability - Contingent Value Rights (1)$10,900 $— $10,900 $— $1,100 
$10,900 $— $10,900 $— $1,100 
(1)During the three months ended March 31, 2022, the Company changed the valuation approach from the use of other unobservable inputs to other observable inputs based on information obtained through the active marketing and sale of the underlying assets.