Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2023

Fair Value Measurements

Schedule of financial assets and liabilities measured at fair value on a 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 December 31, 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	$	28,352	$	—	$	—	$	28,352
Total cash equivalents		28,352		—		—		28,352
Equity securities		161		—		—		161
Total financial assets	$	28,513	$	—	$	—	$	28,513
Liabilities:
Contingent consideration under RPAs, AAAs and CPPAs, measured at fair value	$	—	$	—	$	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, measured at fair value	$	—	$	—	$	75	$	75