Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2023

Fair Value Measurements

Schedule of Financial Assets and Liabilities Carried at Fair Value on Recurring Basis

The following tables set forth the Company’s fair value hierarchy for its financial assets and liabilities measured at fair value on a recurring basis as follows (in thousands):

	Fair Value Measurements at September 30, 2023 Using:
	Quoted Prices in		Significant Other		Significant
	Active Markets for		Observable		Unobservable
	Identical Assets		Inputs		Inputs
	(Level 1)		(Level 2)		(Level 3)		Total
Assets:
Cash equivalents:
Money market funds	$	27,985	$	—	$	—	$	27,985
Total cash equivalents		27,985		—		—		27,985
Equity securities		214		—		—		214
Total financial assets	$	28,199	$	—	$	—	$	28,199
Liabilities:
Contingent consideration under RPAs, AAAs and CPPAs	$	—	$	—	$	1,000	$	1,000

	Fair Value Measurements at December 31, 2022 Using:
	Quoted Prices in		Significant Other		Significant
	Active Markets for		Observable		Unobservable
	Identical Assets		Inputs		Inputs
	(Level 1)		(Level 2)		(Level 3)		Total
Assets:
Cash equivalents:
Money market funds	$	30,334	$	—	$	—	$	30,334
Total cash equivalents		30,334		—		—		30,334
Equity securities		335		—		—		335
Total financial assets	$	30,669	$	—	$	—	$	30,669
Liabilities:
Contingent consideration under RPAs, AAAs and CPPAs	$	—	$	—	$	75	$	75