Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

Financial assets and financial liabilities measured at fair value on a recurring basis consist of the following as of December 31, 2024 and 2023:


	As of December 31, 2024
	Level 1		Level 2		Level 3		Total
Assets:
Money market accounts	$	687,253	$	—	$	—	$	687,253
Foreign exchange forward contracts	$	—	$	287	$	—	$	287

Liabilities:
Current contingent consideration	$	—	$	17,126	$	—	$	17,126
Noncurrent contingent consideration	$	—	$	—	$	19,662	$	19,662

	As of December 31, 2023
	Level 1		Level 2		Level 3		Total
Assets:
Money market accounts	$	658,574	$	—	$	—	$	658,574

Liabilities:
Current contingent consideration	$	—	$	—	$	12,983	$	12,983
Noncurrent contingent consideration	$	—	$	—	$	14,070	$	14,070

Schedule of Contingent Consideration Earnout Expect to be Required to Settle Include Significant Unobservable Inputs

The recurring Level 3 fair value measurement of our contingent consideration – earnout that we expect to be required to settle our contingent consideration obligation for Tantti include the following significant unobservable inputs (amounts in thousands, except percent data):


Contingent Consideration Earnout	Fair Value as of December 31, 2024		Valuation Technique	Unobservable Input	Range	Weighted Average(1)
				Probability of
				Success	0% - 100%	50%
Commercialization-based payments	$	3,854	Monte Carlo Simulation	Earnout Discount Rate	5.4%	5.4%
				Volatility	22.6% - 34.7%	34.7%
Revenue and Volume- based payments	$	13,268	Monte Carlo Simulation	Revenue & Volume Discount Rate	10.2% - 15.7%	15.7%
				Earnout Discount Rate	5.4% - 5.8%	5.4%
				Probability of Success	0% - 100%	50%
Manufacturing line expansions	$	2,540	Probability-weighted present value	Earnout Discount Rate	5.4% - 5.5%	5.4%

(1)

Unobservable inputs were weighted by the relative fair value of the contingent consideration liability.