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Financial Instruments and Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2025
Fair Value Disclosures [Abstract]  
Schedule of Assets and Liabilities Measured at Fair Value on Recurring Basis
The following table presents information about the Company’s financial instruments that are measured at fair value on a recurring basis (in thousands):
December 31, 2025
Level 1 Level 2 Level 3 Total
Assets
Cash equivalents
Money market funds $ 212,232  $ —  $ —  $ 212,232 
December 31, 2024
Level 1 Level 2 Level 3 Total
Assets
Cash equivalents
Money market funds $ 77,451  $ —  $ —  $ 77,451 
Liabilities
Other liabilities
Contingent consideration $ —  $ —  $ 192  $ 192 
Schedule of Changes in Contingent Consideration Measured at Fair Value on Recurring Basis
Changes in contingent consideration measured at fair value on a recurring basis for the years ended December 31, 2025, 2024 and 2023 were as follows (in thousands):
2025 2024 2023
Balance January 1,
$ 192  $ 514  $ 446 
Remeasurement (gain)/loss
(192) (322) 68 
Balance December 31, $   $ 192  $ 514 
Schedule of Investments in Held to Maturity Debt Securities The following table summarizes the amortized cost, unrealized gains, unrealized losses, and fair value in U.S. Treasury securities classified as held-to-maturity (in thousands):
December 31, 2025
Amortized
cost
Unrealized
gains
Unrealized
losses
Fair
value
Due within one year or less
$ 8,179  $ 20  $ —  $ 8,199 
Due between one and two years
—      — 
Total held-to-maturity securities
$ 8,179  $ 20  $   $ 8,199 
December 31, 2024
Amortized
cost
Unrealized
gains
Unrealized
losses
Fair
value
Due within one year or less
$ 22,485  $ 31  $ —  $ 22,516 
Due between one and two years
8,066  21  (28) 8,059 
Total held-to-maturity securities
$ 30,551  $ 52  $ (28) $ 30,575