The Company's financial assets and liabilities that are required to be measured at fair value on a recurring basis are as follows (dollars in thousands):


	Fair Value Measurements as of March 31, 2026 (unaudited)
	Total		Level 1		Level 2		Level 3
Assets:
Cash and cash equivalents
Cash	$	89,913	$	89,913	$	—	$	—
Money market funds	94,956		94,956		—		—
Marketable securities
Corporate debt securities	189,383		—		189,383		—
Municipal debt securities	8,997		—		8,997		—
U.S government agency securities	992		—		992		—
Other noncurrent assets
Marketable securities - restricted (SERP)	676		29		647		—
Restricted cash	1,450		1,450		—		—
Total assets at fair value	$	386,367	$	186,348	$	200,019	$	—
Liabilities:
Contingent consideration	$	206	$	—	$	—	$	206
Total liabilities at fair value	$	206	$	—	$	—	$	206


	Fair Value Measurements as of December 31, 2025
	Total		Level 1		Level 2		Level 3
Assets:
Cash and cash equivalents
Cash	$	56,371	$	56,371	$	—	$	—
Money market funds	72,077		72,077		—		—
Marketable securities
Corporate debt securities	164,519		—		164,519		—
Municipal debt securities	14,716		—		14,716		—
U.S. government agency debt securities	987		—		987		—
Other noncurrent assets
Marketable securities - restricted (SERP)	705		27		678		—
Restricted Cash	1,450		1,450		—		$	—
Total assets at fair value	$	310,825	$	129,925	$	180,900	$	—
Liabilities:
Contingent consideration	$	31,258	$	—	$	—	$	31,258
Total liabilities at fair value	$	31,258	$	—	$	—	$	31,258