FAIR VALUE MEASUREMENTS (Tables)

9 Months Ended

Sep. 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):

	September 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	$	52,029	$	—	$	—	$	52,029
Commercial paper		—		71,888		—		71,888
Corporate bonds		—		28,807		—		28,807
U.S. Treasury securities		—		29,687		—		29,687
Government bonds		—		14,661		—		14,661
Asset-backed securities		—		3,978		—		3,978
Equity securities		1,248		—		—		1,248
Other investments		—		—		2,850		2,850
Total assets	$	53,277	$	149,021	$	2,850	$	205,148
Liabilities:
Contingent consideration	$	—	$	—	$	3,900	$	3,900
Total liabilities	$	—	$	—	$	3,900	$	3,900

	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):

	Nine Months Ended September 30,
	2022		2021
Balance at beginning of period	$	6,750	$	3,000
Additions		—		23,620
Changes in fair value		(745)		(4,161)
Disposals		(3,155)		—
Balance at end of period	$	2,850	$	22,459

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):

	Nine Months Ended September 30,
	2022		2021
Balance at beginning of period	$	5,654	$	93,328
Payment of contingent consideration liability		(1,500)		—
Changes in fair value		(254)		59,022
Additions		—		6,558
Disposals				(2,920)
Foreign currency translation		—		(167)
Exercise of private placement warrants		—		(149,904)
Balance at end of period	$	3,900	$	5,917