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Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2020
Fair Value Disclosures [Abstract]  
Schedule of Assets and Liabilities Measured at Fair Value on Recurring Basis The Company's assets and liabilities that are measured at fair value on a recurring basis, by level, within the fair value hierarchy as of December 31, 2020 and December 31, 2019, are summarized as follows (amounts in thousands).
December 31, 2020December 31, 2019
Level 1Level 2Level 3TotalLevel 1Level 2Level 3Total
Assets:
Cash equivalents:
Money market funds$328,195 $— $— $328,195 $2,899 $— $— $2,899 
Total assets$328,195 $— $— $328,195 $2,899 $— $— $2,899 
Liabilities:
Contingent earn-out$— $— $— $— $— $— $557 $557 
Total liabilities$— $— $— $— $— $— $557 $557 
Schedule of Changes in Fair Value of Level 3 Liabilities
The changes in fair value of the Level 3 liabilities are as follows (amounts in thousands):
Contingent Earn-Out
December 31,
20202019
Balance, Beginning of year$557 $2,372 
Conversable, Inc. fair value adjustment (see Note 8)— (496)
AdvantageTec, Inc. fair value adjustment (see Note 8)(263)168 
Payments(294)(1,487)
Balance, End of year$— $557