Fair Value Measurements of Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2025

Fair Value Disclosures [Abstract]

Schedule of Carrying Amounts and Fair Values of Financial Instruments

The carrying amounts and fair values of the Company’s financial instruments as of June 30, 2025, are presented below (in thousands):

	Fair Value Measurements
	Level 1		Level 2		Level 3		Total
Assets
Money market accounts(1)	$	7,484	$	—	$	—	$	7,484
Marketable securities		2,417		—		—		2,417
I Health call option		—		—		3,867		3,867
Total assets	$	9,901	$	—	$	3,867	$	13,768
Liabilities
Sun Labs remaining equity interest purchase	$	—	$	—	$	7,352	$	7,352
CFC contingent consideration		—		—		11,824		11,824
CHS contingent consideration		—		—		6,339		6,339
Other(2)		1,665		3		1,966		3,634
Total liabilities	$	1,665	$	3	$	27,481	$	29,149

(1)Included in cash and cash equivalents.

(2)Other consists of the interest rate collar and other contingent consideration liabilities.

The carrying amounts and fair values of the Company’s financial instruments as of December 31, 2024, are presented below (in thousands):

	Fair Value Measurements
	Level 1		Level 2		Level 3		Total
Assets
Money market accounts(1)	$	3,673	$	—	$	—	$	3,673
Marketable securities		2,378		—		—		2,378
I Health call option		—		—		3,778		3,778
Interest rate collar		—		19		—		19
Total assets	$	6,051	$	19	$	3,778	$	9,848
Liabilities
Sun Labs remaining equity interest purchase	$	—	$	—	$	7,352	$	7,352
ADSC contingent consideration		—		—		4,285		4,285
CFC contingent consideration		—		—		9,949		9,949
CHS contingent consideration		—		—		5,643		5,643
Other(2)		2,110		—		1,366		3,476
Total liabilities	$	2,110	$	—	$	28,595	$	30,705

(1)Included in cash and cash equivalents.

(2)Other consists of other contingent consideration liabilities.

Schedule of Change in Fair Value of Level 3 Liabilities

The change in the fair value of Level 3 liabilities is recognized in other income or general and administrative expenses in the accompanying condensed consolidated statements of income. As of June 30, 2025, the reconciliation of our Level 3 liabilities was as follows (in thousands):

	Amount
Balance at January 1, 2025	$	28,595
Change in fair value of existing Level 3 liabilities		3,386
Settlement		(4,500	)
Balance at June 30, 2025	$	27,481