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Fair value measurements (Tables)
3 Months Ended
Mar. 31, 2025
Fair Value Disclosures [Abstract]  
Assets and liabilities measured at fair value on a recurring basis
The following tables present information about the Company’s assets and liabilities that are measured at fair value on a recurring basis, and indicates the fair value hierarchy of the valuation techniques used to determine such fair value:

Level 1Level 2Level 3Total
As of March 31, 2025(in thousands)
Assets
Cash and cash equivalents$37,076 $— $— $37,076 
Investments in marketable securities, current— 75,631 — 75,631 
Total$37,076 $75,631 $— $112,707 
Liabilities
Contingent consideration— — 10,524 10,524 
Total$— $— $10,524 $10,524 


Level 1Level 2Level 3Total
As of December 31, 2024(in thousands)
Assets
Cash and cash equivalents$36,330 $— $— $36,330 
Investments in marketable securities, current— 86,293 — 86,293 
Total$36,330 $86,293 $— $122,623 
Liabilities
Contingent consideration— — 10,225 10,225 
Total$— $— $10,225 $10,225 
Schedule of changes in fair value of contingent consideration
The following table presents the changes in fair value of the Company’s contingent consideration:
 Liability at beginning of the periodChange in fair value of liabilityLiability at end of the period
(in thousands)
Three Months Ended March 31, 2025$10,225 $299 $10,524 
Three Months Ended March 31, 2024$7,600 $180 $7,780