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Fair Value Disclosures (Tables)
12 Months Ended
Dec. 31, 2023
Fair Value Disclosures [Abstract]  
Summary of Financial Instruments Measured At Fair Value On a Recurring Basis

The following table represents the fair value of the financial instruments measured at fair value on a recurring basis:

 

 

 

As of December 31, 2023

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

Cash and cash equivalents*

 

$

113,271

 

 

 

 

 

 

 

 

$

113,271

 

Total assets measured at fair value

 

$

113,271

 

 

$

 

 

$

 

 

$

113,271

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

Acquisition-related liabilities

 

 

 

 

 

 

 

$

20,294

 

 

$

20,294

 

Total liabilities measured at fair value

 

$

 

 

$

 

 

$

20,294

 

 

$

20,294

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of December 31, 2022

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

Cash and cash equivalents*

 

$

107,354

 

 

$

 

 

$

 

 

$

107,354

 

Total assets measured at fair value

 

$

107,354

 

 

$

 

 

$

 

 

$

107,354

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

Acquisition-related liabilities

 

$

 

 

$

 

 

$

32,675

 

 

$

32,675

 

Total liabilities measured at fair value

 

$

 

 

$

 

 

$

32,675

 

 

$

32,675

 

Summary of Reconciliations of Changes In The Fair Value of The Liabilities

 

 

Acquisition-
related
liabilities

 

Balance as of January 1, 2022

 

$

22,957

 

Additions

 

 

7,539

 

Payments made during the year

 

 

(10,811

)

Change in fair value

 

 

12,990

 

Balance as of December 31, 2022

 

$

32,675

 

Additions

 

 

1,139

 

Payments made during the year

 

 

(20,570

)

Change in fair value

 

 

7,050

 

Balance as of December 31, 2023

 

$

20,294