v3.26.3
Fair Value Measurements (Tables)
9 Months Ended
Sep. 30, 2026
Fair Value Disclosures [Abstract]  
Schedule of Fair Value of Financial Assets Measured on a Recurring Basis
The following tables summarize the fair value of our money market fund financial assets and contingent consideration financial liabilities that were measured on a recurring basis as of September 30, 2026 and December 31, 2025. See Note 3. Acquisitions and Note 11. Commitments and Contingencies for further details regarding our contingent consideration liabilities. There have been no transfers between fair value measurement levels during the three and nine months ended September 30, 2026 and 2025.
Fair Value Measurements as of
September 30, 2026 Using
Quoted Prices in Active Markets for Identical Assets (Level 1)Significant Other Observable Inputs (Level 2)Significant Unobservable Inputs (Level 3)Total
(in thousands)
Assets:
Money market funds$47,145 $— $— $47,145 
Liabilities:
Contingent consideration$— $— $— $— 
Fair Value Measurements as of
December 31, 2025 Using
Quoted Prices in Active Markets for Identical Assets (Level 1)Significant Other Observable Inputs (Level 2)Significant Unobservable Inputs (Level 3)Total
(in thousands)
Assets:
Money market funds$68,205 $— $— $68,205 
Liabilities:
Contingent consideration$— $— $10,840 $10,840 
Schedule of Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
The following table presents a summary of the changes in the fair value of our contingent consideration liabilities measured using Level 3 inputs during the three and nine months ended September 30, 2026 and 2025:
Three Months Ended September 30,Nine Months Ended September 30,
2026202520262025
(in thousands)
Beginning balance$— $10,310 $10,840 $14,050 
Payments— — (10,537)(5,358)
Net (gains) losses recognized— 1,880 (303)3,498 
Ending balance$— $12,190 $— $12,190