Quarterly report [Sections 13 or 15(d)]

Fair Value Measurements (Tables)

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Fair Value Measurements (Tables)
9 Months Ended
Sep. 30, 2024
Fair Value Measurements [Abstract]  
Schedule of Company’s Assets and Liabilities Measured at Fair Value The following table presents information about the Company’s assets and liabilities that are measured at fair value on a recurring basis as of September 30, 2024 and December 31, 2023, and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value:
Description   Level     September 30,
2024
    December 31,
2023
 
Assets:                  
Investments     1     $ 6,934     $ 10,393  
                         
Liabilities:                        
Earn-out liabilities     3     $ 919     $ 987  
Schedule of Company’s Investments

The Company’s investments consisted of the following as of September 30, 2024:

 

    Cost     Unrealized Gain (Loss)     Fair Value  
Money market fund   $ 2,203     $
    $ 2,203  
Corporate bonds     3,154       10       3,164  
Mutual funds     757       16       773  
US Treasury bills     798       (4 )     794  
    $ 6,912     $ 22     $ 6,934  
Schedule of Reconciliation of the earn-out liability

A reconciliation of the earn-out liability is included below:

 

Balance as of December 31, 2023   $ 987  
Payments earned and paid     (68 )
Balance as of September 30, 2024   $ 919  
         
Current portion of contingent earn-out liabilities   $ 156  
Long-term contingent earn-out liabilities   $ 763