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Fair Value Measurements (Tables)
9 Months Ended
Sep. 30, 2021
Fair Value Disclosures [Abstract]  
Schedule of Financial Assets and Liabilities Measured at Fair Value 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 September 30, 2021 and December 31, 2020, are summarized as follows:
September 30, 2021
Level 1Level 2Level 3Total
(In thousands)
Assets:
Cash equivalents:
Money market funds$488,260 $— $— $488,260 
Total assets$488,260 $— $— $488,260 
Liabilities:
Contingent earn-out$— $— $6,026 $6,026 
Total liabilities$— $— $6,026 $6,026 
December 31, 2020
Level 1Level 2Level 3Total
(In thousands)
Assets:
Cash equivalents:
Money market funds$328,195 $— $— $— 
Total assets$328,195 $— $— $— 
Liabilities:
Contingent earn-out$— $— $— $— 
Total liabilities$— $— $— $— 
Schedule of Changes in Fair Value of Level 3 Liabilities
The changes in fair value of the level 3 liabilities are as follows:
September 30,
2021
December 31,
2020
(In thousands)
Balance, beginning of period$— $557 
e-bot7 acquisition (Note 9)
6,026 — 
AdvantageTec Inc. fair value adjustment132 (263)
Payments(132)(294)
Balance, end of period$6,026 $—