v3.26.1
FAIR VALUE MEASUREMENTS (Tables)
 6 Months Ended
Jun. 30, 2026
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis
The following tables summarize the Company’s financial assets and liabilities measured at fair value on a recurring basis by level within the fair value hierarchy (in thousands):
As of
June 30, 2026
Level 1Level 2Level 3Fair Value
Assets:
Cash equivalents:
Money market funds$81,546 $— $— $81,546 
Total cash equivalents81,546 — — 81,546 
Short-term investments:
Corporate bonds— 19,059 — 19,059 
U.S. treasury securities— 5,523 — 5,523 
U.S. government agency securities— 4,212 — 4,212 
Total short-term investments— 28,794 — 28,794 
Long-term investments:
Corporate bonds— 699 — 699 
U.S. government agency securities— 499 — 499 
Total long-term investments— 1,198 — 1,198 
Total financial assets
$81,546 $29,992 $— $111,538 
Liabilities:
Contingent consideration liability$— $— $11,076 $11,076 
Total contingent consideration liability$— $— $11,076 $11,076 

As of
December 31, 2025
Level 1Level 2Level 3Fair Value
Assets:
Cash equivalents:
Money market funds$30,661 $— $— $30,661 
Total cash equivalents30,661 — — 30,661 
Short-term investments:
Corporate bonds— 14,524 — 14,524 
U.S. government agency securities— 2,969 — 2,969 
U.S. treasury securities— 3,205 — 3,205 
Total short-term investments— 20,698 — 20,698 
Long-term investments:
Corporate bonds— 3,821 — 3,821 
U.S. treasury securities— 625 — 625 
U.S. government agency securities— 500 — 500 
Total long-term investments— 4,946 — 4,946 
Total financial assets$30,661 $25,644 $— $56,305 
Schedule of Changes in Fair Value of Contingent Consideration Liability
The following table sets forth a summary of the changes in the fair value of the contingent consideration liability (in thousands):
Amount
Fair value—April 1, 2026$9,018 
Change in the fair value during the year recorded to acquisition-related costs2,058 
Fair value—June 30, 2026$11,076