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Fair Value Measurements and Fair Value of Instruments (Tables) | 6 Months Ended
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Jun. 30, 2025
Fair Value Disclosures [Abstract] |
Summary of Carrying Values and Fair Values of Financial Instruments | The following tables display the carrying values and fair values of financial instruments.
|  |  |  | As of |
|  |  |  | June 30, 2025 |  |  | December 31, 2024 |
Assets on the Condensed Consolidated Balance Sheets |  |  |  | Carrying Value |  |  | Unrealized Losses |  |  | Fair Value |  |  | Carrying Value |  |  | Unrealized Losses |  |  | Fair Value |
Cash and cash equivalents |  | Level 1 |  | $ | 105,044 |  |  | $ | - |  |  | $ | 105,044 |  |  | $ | 142,482 |  |  | $ | - |  |  | $ | 142,482 |
Total |  |  |  | $ | 105,044 |  |  | $ | - |  |  | $ | 105,044 |  |  | $ | 142,482 |  |  | $ | - |  |  | $ | 142,482 |
The Company reports the current portion of restricted cash as a separate item in the Condensed Consolidated Balance Sheets and the non-current portion is a component of other long-term assets in the Condensed Consolidated Balance Sheets.
|  |  |  | As of |
|  |  |  | June 30, 2025 |  |  | December 31, 2024 |
Liabilities on the Condensed Consolidated Balance Sheets |  |  |  | Carrying Value |  |  | Fair Value |  |  | Carrying Value |  |  | Fair Value |
Acquisition earnout payment |  | Level 3 |  | $ | 1,466 |  |  | $ | 1,466 |  |  | $ | 1,760 |  |  | $ | 1,760 |
Total liabilities |  |  |  | $ | 1,466 |  |  | $ | 1,466 |  |  | $ | 1,760 |  |  | $ | 1,760 |
Schedule of Changes In Fair Value of Liabilities | The changes in the fair value of the Company's Level 3 liabilities for the six months ended June 30, 2025 and year ended December 31, 2024 are as follows.
|  |  |  | As of |
|  |  |  | June 30, 2025 |  |  | December 31, 2024 |
Balance at beginning of period |  |  |  | $ | 1,760 |  |  | $ | 4,250 |
Payment of earnout in connection with the iQuue acquisition |  |  |  |  | - |  |  |  | (1,530 | )
Change in fair value of earnout |  |  |  |  | (294 | ) |  |  | (960 | )
Balance at end of period |  |  |  | $ | 1,466 |  |  | $ | 1,760 |
Schedule of Earnout of Measurement | The following table sets forth the weighted-average assumptions used to estimate the fair value of the earnout payment as of December 31, 2024. No such estimate was made as of June 30, 2025 as the earnout amount was finalized as of June 30, 2025 and was paid in July 2025.
|  |  |  | As of |
|  |  |  | December 31, 2024 |
Discount Rate |  |  |  |  | 12.30 | %
Volatility |  |  |  |  | 40.00 | %

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- Definition Tabular disclosure of financial instrument measured at fair value on recurring or nonrecurring basis. Includes, but is not limited to, instrument classified in shareholders' equity. + 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 Reference 3: http://www.xbrl.org/2003/role/exampleRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 100 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482078/820-10-55-100 Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-3 + Details
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- Definition Tabular disclosure of input and valuation technique used to measure fair value and change in valuation approach and technique for each separate class of asset and liability measured on recurring and nonrecurring basis. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (bbb)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 2: http://www.xbrl.org/2003/role/exampleRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 103 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482078/820-10-55-103 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (bbb)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + Details
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