v3.26.1
Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2026
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis
Assets and liabilities measured at fair value on a recurring basis as of March 31, 2026 are as follows:
TotalLevel 1Level 2Level 3
Liabilities
Contingent consideration
$5,774 $— $— $5,774 
Total financial liabilities
$5,774 $— $— $5,774 
Summary of Assumptions Utilized in Valuation of Level 3 Liabilities
Assumptions utilized in the valuation of Level 3 liabilities are described as follows:
As of March 31, 2026
MilestoneProbability Of SuccessPayment DateDiscount Rate
1100.0%1/16/20269.28%
211.7%3/31/20279.28%
310.8%6/30/20289.28%
410.8%6/30/20289.28%
510.8%12/31/203014.28%
610.8%12/31/203114.28%
710.8%12/31/203214.28%
Schedule of Contingent Consideration Measured at Fair Value on Recurring Basis
The following table sets forth a summary of the changes in the fair value of Level 3 contingent consideration that are measured at fair value on a recurring basis:
Three Months Ended March 31,2026
Year Ended December 31,2025
Contingent consideration
Beginning balance
$6,799 $— 
Contingent consideration assumed in the GPCR USA acquisition
— 5,246 
Change in fair value of contingent consideration
188 1,553 
Ending balance
$6,987 $6,799