v3.26.1
FAIR VALUE MEASUREMENTS (Tables)
 6 Months Ended
Jun. 30, 2026
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, by Balance Sheet Grouping
The following table presents the valuation of the Group’s financial assets and liabilities as of June 30, 2026 measured at fair value on a recurring basis.
As of June 30, 2026
Balance Sheet Caption(1)
Cost or amortized cost
Fair value (Level 2)
Fair value (Level 3)
(In thousands)
Assets:
Money market instruments(2)
Cash and cash equivalents
$112,112 $112,103 $— 
Treasury enhanced notes(2)
Investments10,095 10,094 — 
U.S. treasury securities(2)
Investments9,984 9,985 — 
DepositsInvestments23,000 23,255 — 
Liabilities:
Contingent consideration(3)
Contingent consideration$— $— $3,368 
_____________________
(1)    Balance sheet caption is determined by the duration to maturity at date of purchase and whether the assets are restricted for particular use.
(2)    Fair value is determined using broker quotes reflecting current market conditions.
(3)    Fair value is determined by applying a probability weighted scenario approach and discounting potential payments to their present value.
Schedule of Business Combination, Contingent Consideration
A reconciliation of the Group’s contingent consideration liabilities related to acquisitions for the three and six months ended June 30, 2026 is as follows:
Level 3 Instruments RollforwardThree Months Ended June 30, 2026Six Months Ended June 30, 2026
(In thousands)
Balance as of the beginning of the period$3,346 $— 
Additions— 3,325 
Change in fair value22 43 
Balance as of the end of the period$3,368 $3,368