FAIR VALUE OF FINANCIAL INSTRUMENTS

12 Months Ended

Dec. 31, 2024

FAIR VALUE OF FINANCIAL INSTRUMENTS [Abstract]

FAIR VALUE OF FINANCIAL INSTRUMENTS

NOTE 4: FAIR VALUE OF FINANCIAL INSTRUMENTS

The following table presents financial assets and liabilities measured at fair value on a recurring basis as of December 31, 2024:

	December 31, 2024
	Fair value measurements using input type
	Level 1		Level 2		Level 3		Total
Financial Assets:
Money market funds	$	66,187	$	-	$	-	$	66,187
Available-for-sale marketable securities		-		77,774		-		77,774
Derivative assets		-		114		-		114
Total financial assets	$	66,187	$	77,888	$	-	$	144,075

The following table presents financial assets measured at fair value on a recurring basis as of December 31, 2023:

	December 31, 2023
	Fair value measurements using input type
	Level 1		Level 2		Level 3		Total
Financial Assets:
Money market funds	$	81,429	$	-	$	-	$	81,429
Available-for-sale marketable securities		-		77,616		-		77,616
Derivative assets		-		234		-		234
Total financial assets	$	81,429	$	77,850	$	-	$	159,279
Financial Liabilities:
Derivative liabilities	$	-	$	20	$	-	$	20
Contingent consideration in connection to the acquisitions		-		-		69,715		69,715
Total financial liabilities	$	-	$	20	$	69,715	$	69,735

The following table sets forth a summary of the changes in the fair value of the contingent consideration:

Fair value as of December 31, 2023	$	69,715
Payments of contingent consideration		(71,256	)
Changes in fair value of contingent consideration		1,541
Fair value as of December 31, 2024	$	-