XML 38 R28.htm IDEA: XBRL DOCUMENT v3.22.2
Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2022
Fair Value Disclosures [Abstract]  
Assets and Liabilities Measured at Fair Value on Recurring Basis

The following tables present the Company’s fair value hierarchy for its assets and liabilities that were measured at fair value on a recurring basis (in thousands):

 

 

 

June 30, 2022

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

Cash equivalents - money market funds

 

$

223,199

 

 

$

 

 

$

 

 

$

223,199

 

Liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

Contingent consideration liability

 

$

 

 

$

 

 

$

 

 

$

 

 

 

 

December 31, 2021

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

Cash equivalents - money market funds

 

$

205,010

 

 

$

 

 

$

 

 

$

205,010

 

Liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

Contingent consideration liability

 

$

 

 

$

 

 

$

2,800

 

 

$

2,800

 

Changes in Fair Value of Contingent Consideration Liability Changes in the fair value of the Company’s contingent consideration liability were as follows (in thousands):

Balance as of December 31, 2021

 

$

2,800

 

Payment of contingent consideration

 

 

(2,800

)

Change in fair value

 

 

 

Balance as of June 30, 2022

 

$