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Fair Value of Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2024

Fair Value Disclosures [Abstract]

Summay of Financial Assets and Liabilities Measured at Fair Value on a Recurrig Basis

Financial assets and liabilities measured at fair value on a quarterly basis are as follows:

Fair value as of September 30, 2024 (in thousands):

		Level 1				Level 2				Level 3				Total
Contingent consideration
Earnout liability		$	-			$	-			$	4,142			$	4,142
Total liabilities at fair value		$	-			$	-			$	4,142			$	4,142

Fair value as of December 31, 2023 (in thousands):

		Level 1				Level 2				Level 3				Total
Contingent consideration
Earnout liability		$	-			$	-			$	2,300			$	2,300
Total liabilities at fair value		$	-			$	-			$	2,300			$	2,300

Summary of Carrying Values and Estimated Fair Values Of Financial Instruments

The carrying values and estimated fair values of our financial instruments that are not required to be recorded at fair value in our consolidated balance sheets, on the basis of Level 1 inputs for the Company's convertible notes and Level 2 inputs for the delayed draw term loan, were as follows (in thousands):

		September 30, 2024								December 31, 2023
		Carrying Value				Fair Value				Carrying Value				Fair Value
Liabilities:
Convertible senior notes due 2025		$	115,428			$	262,460			$	400,000			$	568,000
Convertible senior notes due 2029			800,000				1,006,000				-				-
Delayed draw term loan			350,000				350,000				350,000				350,000
Total		$	1,265,428			$	1,618,460			$	750,000			$	918,000

X

- Definition

Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 11
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482907/825-10-50-11

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- References

No definition available.

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- Definition

Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

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