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Fair Value of Financial Assets and Liabilities (Tables)
9 Months Ended
Sep. 30, 2022
Fair Value Disclosures [Abstract]  
Schedule Of Fair Value Assets And Liabilities Measured On Recurring Basis

The following table presents information about the Company’s assets and liabilities that are measured at fair value on a recurring basis and indicates the level of the fair value hierarchy utilized to determine such fair values:

 

 

 

Fair Value Measurements as of September 30, 2022

 

Description

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

Cash equivalents:

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds

 

$

56,993

 

 

$

-

 

 

$

-

 

 

$

56,993

 

Short-term investments:

 

 

 

 

 

 

 

 

 

 

 

 

United States treasuries

 

 

66,696

 

 

 

-

 

 

 

-

 

 

 

66,696

 

Total assets

 

$

123,689

 

 

$

-

 

 

$

-

 

 

$

123,689

 

Long-term liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

Earn-out liabilities

 

 

-

 

 

 

-

 

 

 

11,100

 

 

 

11,100

 

Total liabilities

 

$

-

 

 

$

-

 

 

$

11,100

 

 

$

11,100

 

 

 

 

Fair Value Measurements as of December 31, 2021

 

Description

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

Cash equivalents:

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds

 

$

61,509

 

 

$

 

 

$

 

 

$

61,509