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INVESTMENTS (Tables)
 12 Months Ended
Dec. 31, 2024
Fair Value Disclosures [Abstract]  
Fair Value Measurements, Recurring and Nonrecurring
The following tables set forth the fair value of the Company’s assets and liabilities measured at fair value on a recurring basis (at least annually) by level within the fair value hierarchy. Assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement.
Level 1Level 2Level 3Total
December 31, 2024
Assets
Marketable debt securities$— $64,065 $— $64,065 
Marketable equity securities16,718 71 — 16,789 
Total assets$16,718 $64,136 $— $80,854 
Liabilities
Contingent consideration$— $— $1,764 $1,764 
December 31, 2023
Assets
Cash equivalents(1)
$— $40,512 $— $40,512 
Marketable debt securities— 107,466 — 107,466 
Marketable equity securities25,554 24 — 25,578 
Total assets$25,554 $148,002 $— $173,556 
(1)    Cash and cash equivalents are comprised of U.S. Treasury Bills, Government Agency Bonds, U.S. Non-Redeemable Term Deposits and mutual funds purchased within three months of their maturity date.
Changes in Level 3 Fair Value Measurements
The following table is a reconciliation of the beginning and ending balance recorded for the contingent consideration classified as Level 3 in the fair value hierarchy:
Beginning balance, August 16, 2024$1,690 
Increase to intellectual property74 
Ending balance, December 31, 2024$1,764 
Investment
The following table is a summary of the Company's investments:
December 31,
20242023
Investment in unconsolidated affiliate$12,921 $— 
Investments without readily determinable fair values2,969 1,356 
Total investments$15,890 $1,356