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FAIR VALUE MEASUREMENTS (Tables)
9 Months Ended
Sep. 30, 2025
Fair Value Disclosures [Abstract]  
Schedule of Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis The following table presents the fair values of the Company’s financial assets and liabilities measured at fair value on a recurring basis as of September 30, 2025:
As of September 30, 2025
BalanceLevel 1Level 2Level 3
Foreign exchange derivative assets$10,623 $— $10,623 $— 
Total assets measured at fair value on a recurring basis$10,623 $ $10,623 $ 
Foreign exchange derivative liabilities$3,506 $— $3,506 $— 
Contingent consideration liabilities22,942 — — 22,942 
Total liabilities measured at fair value on a recurring basis
$26,448 $ $3,506 $22,942 
The following table presents the fair values of the Company’s financial liabilities measured at fair value on a recurring basis as of December 31, 2024. The Company had no material financial assets measured at fair value on a recurring basis as of December 31, 2024:
As of December 31, 2024
BalanceLevel 1Level 2Level 3
Foreign exchange derivative liabilities$14,650 $— $14,650 $— 
Contingent consideration liabilities32,978  — 32,978 
Total liabilities measured at fair value on a recurring basis
$47,628 $ $14,650 $32,978 
Schedule of Acquisition-Related Contingent Consideration Roll Forward
A reconciliation of the beginning and ending balances of Level 3 contingent consideration liabilities using significant unobservable inputs for the nine months ended September 30, 2025 is as follows:
Amount
Contingent consideration liabilities as of January 1, 2025
$32,978 
Acquisition date fair value of contingent consideration - 2025 Acquisition935 
NEORIS purchase accounting adjustment(1,529)
Changes in fair value of contingent consideration included in Interest and other income, net(426)
Payment of contingent consideration for previously acquired businesses(9,266)
Effect of foreign currency exchange rate changes, net250 
Contingent consideration liabilities as of September 30, 2025
$22,942 
Schedule of Estimated Fair Values of Financial Assets and Liabilities not Measured at Fair Value on Recurring Basis
The following tables present the estimated fair values of the Company’s financial assets and liabilities not measured at fair value on a recurring basis as of the dates indicated:
Fair Value Hierarchy
BalanceEstimated Fair ValueLevel 1Level 2Level 3
September 30, 2025
Financial Assets:
Cash equivalents:
Money market funds$5,350 $5,350 $5,350 $— $— 
Time deposits39,526 39,526 — 39,526 — 
Total cash equivalents$44,876 $44,876 $5,350 $39,526 $— 
Financial Liabilities:
Borrowings under the 2021 Credit Agreement$25,000 $25,000 $— $25,000 $— 
Deferred consideration for asset acquisition$34,401 $34,401 $— $34,401 $— 
Fair Value Hierarchy
BalanceEstimated Fair ValueLevel 1Level 2Level 3
December 31, 2024
Financial Assets:
Cash equivalents:
Money market funds$5,200 $5,200 $5,200 $— $— 
Time deposits16,907 16,907 — 16,907 — 
Total cash equivalents$22,107 $22,107 $5,200 $16,907 $— 
Financial Liabilities:
Borrowings under the 2021 Credit Agreement$25,000 $25,000 $— $25,000 $— 
Deferred consideration for asset acquisition$33,187 $33,187 $— $33,187 $—