Quarterly report [Sections 13 or 15(d)]

Fair Value Measurements (Tables)

v3.25.1
Fair Value Measurements (Tables)
 3 Months Ended
Mar. 31, 2025
Fair Value Measurements [Abstract]  
Schedule of Company’s Assets and Liabilities Measured at Fair Value on a Recurring Basis The following table presents information about the Company’s assets and liabilities that are measured at fair value on a recurring basis as of March 31, 2025 and December 31, 2024, and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value:
Description   Level   March 31,
2025		     December 31,
2024		  
Assets:                
Investments   1   $ 7,939     $ 8,856  
                     
Liabilities:                    
Earn-out liabilities   3   $ 711     $ 711  
Schedule of Company’s Investments

The Company’s investments consisted of the following as of March 31, 2025:

 

    Cost     Unrealized
Gain (Loss)		     Fair Value  
Money market fund   $ 4,105     $
  —
     $ 4,105  
Corporate bonds     2,763       7       2,770  
Mutual funds     267      
—
       267  
US Treasury bills     799       (2 )     797  
    $ 7,934     $ 5     $ 7,939  

 

The Company’s investments consisted of the following as of December 31, 2024:

 

    Cost     Unrealized
Gain (Loss)		     Fair Value  
Money market fund   $ 4,843     $
     —
     $ 4,843  
Corporate bonds     2,958       (6 )     2,952  
Mutual funds     267      
—
       267  
US Treasury bills     798       (4 )     794  
    $ 8,866     $ (10 )   $ 8,856  
Schedule of Reconciliation of Earn-out liability

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

 

Balance as of December 31, 2024   $ 711  
Payments earned and paid    
—
  
Loss upon re-measurement    
—
  
Balance as of March 31, 2025   $ 711  
         
Current portion of contingent earn-out liabilities   $ 256  
Long-term contingent earn-out liabilities   $ 455