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7. FINANCIAL INSTRUMENTS (Tables)
3 Months Ended
Jun. 30, 2024
FINANCIAL INSTRUMENTS  
Schedule of fair value of financial assets and liabilities measured on a recurring basis

The fair value of financial assets measured on a recurring basis is as follows (in thousands):

Fair Value Measurements at Reporting Date Using

Quoted Prices

in Active

Significant

Markets for

Other

Significant

Identical Assets

Observable

Unobservable

and Liabilities

Inputs

Inputs

    

June 30, 2024

    

(Level 1)

    

(Level 2)

    

(Level 3)

 

Assets:

Money market funds

$

13,247

$

13,247

$

$

Marketable securities

Total

$

13,247

$

13,247

$

$

Liabilities:

Contingent consideration

$

74

$

$

$

74

Fair Value Measurements at Reporting Date Using

Quoted Prices

in Active

Significant

Markets for

Other

Significant

Identical Assets

Observable

Unobservable

and Liabilities

Inputs

Inputs

    

March 31, 2024

    

(Level 1)

    

(Level 2)

    

(Level 3)

 

Assets:

Money market funds

$

5,676

$

5,676

$

$

Marketable securities

Total

$

5,676

$

5,676

$

$

Liabilities:

Contingent consideration

$

160

$

$

$

160

Schedule of changes in fair value of contingent consideration

Three Months Ended June 30, 

    

2024

    

2023

(In thousands)

Contingent consideration, beginning of period

$

160

$

1,052

Change due to accretion

4

38

Re-measurement of contingent consideration

(90)

(83)

Contingent consideration, end of period

$

74

$

1,007