v3.26.3
Fair Value Measurements (Tables)
9 Months Ended
Sep. 30, 2026
Fair Value Disclosures [Abstract]  
Schedule of Assets and Liabilities Held at Fair Value
Assets and liabilities measured at fair value on a recurring basis are set forth below:
(in thousands)
Estimated fair value measurements
BalanceQuoted prices in active market
(Level 1)
Significant other observable inputs (Level 2)Significant other unobservable inputs (Level 3)
September 30, 2026:
Business acquisition contingent consideration payable$1,200 $— $— $1,200 
December 31, 2025:
Business acquisition contingent consideration payable$3,400 $— $— $3,400 
Schedule of Fair Value Unobservable Input Reconciliation
The following table presents a reconciliation of the beginning and ending balances of the fair value measurements using significant unobservable inputs (Level 3):
(in thousands)
September 30, 2026December 31, 2025
Business acquisition contingent consideration payable - opening balance$3,400 $8,300 
Addition— — 
Decrease in estimated fair value (1)
(2,200)(4,900)
Business acquisition contingent consideration payable - closing balance$1,200 $3,400 
(1)The decrease in the estimated fair value of the business acquisition contingent consideration payable is included in general and administrative expenses in our condensed consolidated statements of operations for the nine months ended September 30, 2026 and the year ended December 31, 2025.