FAIR VALUE MEASUREMENTS (Tables)

6 Months Ended

Jun. 30, 2022

FAIR VALUE MEASUREMENTS

Schedule of financial assets measured at fair value on a recurring basis

The following fair value hierarchy table presents information about the Company’s financial assets measured at fair value on a recurring basis and indicates the fair value hierarchy of the inputs the Company utilized to determine such fair value (in thousands):

	June 30, 2022
	Quoted Prices in		Significant
	Active Markets		Other		Significant
	for Identical		Observable		Unobservable
	Items		Inputs		Inputs
	(Level 1)		(Level 2)		(Level 3)		Total
Assets:
Money market funds	$	89,044	$	—	$	—	$	89,044
Commercial paper		—		79,007		—		79,007
Corporate bonds		—		26,950		—		26,950
U.S. Treasury securities		—		34,771		—		34,771
Government bonds		—		9,693		—		9,693
Equity securities		2,340		—		—		2,340
Other investments		—		—		5,950		5,950
Total assets	$	91,384	$	150,421	$	5,950	$	247,755
Liabilities:
Contingent consideration	$	—	$	—	$	4,159	$	4,159
Total liabilities	$	—	$	—	$	4,159	$	4,159

	December 31, 2021
	Quoted Prices in		Significant
	Active Markets		Other		Significant
	for Identical		Observable		Unobservable
	Items		Inputs		Inputs
	(Level 1)		(Level 2)		(Level 3)		Total
Assets:
Money market funds	$	46,521	$	—	$	—	$	46,521
Commercial paper		—		70,401		—		70,401
Corporate bonds		—		65,617		—		65,617
Government bonds		—		36,476		—		36,476
Asset-backed securities		—		24,655		—		24,655
Equity securities		7,420		—		—		7,420
Other investments		—		—		6,750		6,750
Total assets	$	53,941	$	197,149	$	6,750	$	257,840
Liabilities:
Contingent consideration	$	—	$	—	$	5,654	$	5,654
Total liabilities	$	—	$	—	$	5,654	$	5,654

Schedule of Level 3 assets measured at fair value

. The following table presents information about the Company’s movement in Level 3 assets measured at fair value (in thousands):

	Six Months Ended June 30,
	2022		2021
Balance at beginning of period	$	6,750	$	3,000
Additions		—		3,620
Changes in fair value		(800)		517
Balance at end of period	$	5,950	$	7,137

Schedule of Level 3 liabilities measured at fair value

The following table presents information about the Company’s movement in Level 3 liabilities measured at fair value (in thousands):

	Six Months Ended June 30,
	2022		2021
Balance at beginning of period	$	5,654	$	93,328
Additions		—		6,558
Changes in fair value		5		56,576
Payment of contingent consideration liability		(1,500)		—
Exercise of private placement warrants		—		(149,904)
Balance at end of period	$	4,159	$	6,558