XML 74 R40.htm IDEA: XBRL DOCUMENT v3.25.1
FAIR VALUE ACCOUNTING (Tables)
 3 Months Ended
Mar. 31, 2025
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
March 31, 2025
Assets
Cash equivalents(1)
$— $25,056 $— $25,056 
Marketable debt securities— 73,995 — 73,995 
Marketable equity securities15,565 78 — 15,643 
Total assets$15,565 $99,129 $— $114,694 
Liabilities
Contingent consideration— — 1,725 1,725 
December 31, 2024
Assets
Marketable debt securities— 64,065 — 64,065 
Marketable equity securities16,718 71 — 16,789 
$16,718 $64,136 $— $80,854 
Liabilities
Contingent consideration$— $— $1,764 $1,764 
(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, December 31, 2024$1,764 
Revision of estimate(39)
Ending balance, March 31, 2025$1,725