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Fair Value Measurements (Tables) | 3 Months Ended
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Mar. 31, 2023
Fair Value Disclosures [Abstract] |
Summary of financial assets measured at fair value on a recurring basis | The following table summarizes the Company’s assets and liabilities measured at fair value on a recurring basis at March 31, 2023 and December 31, 2022 by level within the fair value hierarchy. These assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement (in thousands):
| At March 31, 2023 |  | At December 31, 2022
|  |  |  |  |  |  | Total Fair |  |  |  |  |  |  |  | Total Fair
| Level 1 |  | Level 2 |  | Level 3 |  | Value |  | Level 1 |  | Level 2 |  | Level 3 |  | Value
Assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash equivalents | $ | 140,224 |  |  | $ | — |  |  | $ | — |  |  | $ | 140,224 |  |  | $ | 57,518 |  |  | $ | — |  |  | $ | — |  |  | $ | 57,518 |
Total assets | $ | 140,224 |  |  | $ | — |  |  | $ | — |  |  | $ | 140,224 |  |  | $ | 57,518 |  |  | $ | — |  |  | $ | — |  |  | $ | 57,518 |
| At March 31, 2023 |  | At December 31, 2022
|  |  |  |  |  |  | Total Fair |  |  |  |  |  |  |  | Total Fair
| Level 1 |  | Level 2 |  | Level 3 |  | Value |  | Level 1 |  | Level 2 |  | Level 3 |  | Value
Liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Contingent consideration, current | $ | — |  |  | $ | — |  |  | $ | 1,849 |  |  | $ | 1,849 |  |  | $ | — |  |  | $ | — |  |  | $ | 1,983 |  |  | $ | 1,983 |
Contingent consideration, non-current | — |  |  | — |  |  | 3,403 |  |  | 3,403 |  |  | — |  |  | — |  |  | 4,678 |  |  | 4,678 |
Total liabilities | $ | — |  |  | $ | — |  |  | $ | 5,252 |  |  | $ | 5,252 |  |  | $ | — |  |  | $ | — |  |  | $ | 6,661 |  |  | $ | 6,661 |
Schedule of changes in fair value of contingent consideration obligation | The following table summarizes the changes in the fair value of the contingent consideration obligation (in thousands):
|  | Three Months Ended March 31, 2023
Fair value, beginning of period |  | $ | 6,661 |
Cash payments |  | (2,000) |
Changes in fair value |  | 591
Fair value, end of period |  | $ | 5,252 |
Fair Value Measurement Inputs and Valuation Techniques | The following table summarizes the significant unobservable inputs and valuation technique in the fair value measurement of the contingent consideration liability at March 31, 2023:
Valuation Technique | Unobservable Inputs | Value Range
Scenario-Based model | Probabilities of achievement | 100.0%

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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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (bbb) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 + Details
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- Definition Tabular disclosure of contingent payment arrangements including the terms that will result in payment and the accounting treatment that will be followed if such contingencies occur, including the potential impact on earnings per share if contingencies are to be settled in common stock of the entity. The description also may include the period over which amounts are expected to be paid, and changes in the amount since the previous reporting period. This also includes contingent options and commitments. + References No definition available. + Details
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- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 + Details
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