Quarterly report [Sections 13 or 15(d)]

Fair Value Measurements (Tables)

v3.26.3
Fair Value Measurements (Tables)
 9 Months Ended
Sep. 30, 2026
Fair Value Measurements [Abstract]  
Schedule of Company’s Assets and Liabilities that are 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 September 30, 2026 and December 31, 2025, and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value:
Description   Level   September 30,
2026		     December 31,
2025		  
Assets:                
Investments   1   $ 5,200     $ 4,872  
                     
Liabilities:                    
Earn-out liabilities   3   $ 145     $ 560  
Schedule of Company’s Investments

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

 

    Cost     Unrealized
Gain (Loss)		     Fair Value  
Money market fund   $ 1,788     $ —     $ 1,788  
Corporate bonds     1,768       25       1,793  
Mutual funds     1,291       —       1,291  
    $ 4,847     $ 25     $ 4,872  

The Company’s investments consisted of the following as of September 30, 2026:

 

    Cost     Unrealized
Gain (Loss)		     Fair Value  
Money market fund   $ 1,827     $ —     $ 1,827  
Corporate bonds     981       12       993  
Mutual funds     2,385       (5 )     2,380  
    $ 5,193     $ 7     $ 5,200  
Schedule of Estimate the Fair Value of the Earn-Out Liabilities The following table summarizes the key unobservable inputs into the models used to estimate the fair value of the earn-out liabilities at September 30, 2026:
Unobservable Inputs   September 30,
2026		  
Projected annual gross profit   $ 4,398  
Earnout percentage     45 %
Expected volatility     25 %
Risk-free rate     4.3 %
Discount rate     5.2 %
Required Metric Risk Premium     7.7 %
Time period to settlement     1.1 years  
Schedule of Reconciliation of Earn-Out Liability

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

 

Balance as of December 31, 2025   $ 560  
Payments earned and paid     (86 )
Release of liabilities not earned or paid     (329 )
Balance as of September 30, 2026   $ 145  
         
Current portion of contingent earn-out liabilities   $ 145  
Long-term contingent earn-out liabilities   $ —