Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2024

Schedule of Assets and Liabilities Measured at Fair Value on Recurring Basis

The following tables present our assets and liabilities measured at fair value on a recurring basis (in thousands):


	Fair Value Measurements on a Recurring Basis
Assets:	Level 1		Level 2		Level 3		Total
Money market accounts as of March 31, 2024	$	723,877	$	—	$	—	$	723,877
Money market accounts as of December 31, 2023	679,734		—		—		679,734

Liabilities:
Contingent consideration liability from acquisition as of March 31, 2024	$	—	$	—	$	2,092	$	2,092
Contingent consideration liability from acquisition as of December 31, 2023	—		—		2,061		2,061

Schedule of Fair Value of Level 3 Liability

The following table summarizes the change in fair value of the Level 3 contingent consideration liability with significant unobservable inputs (in thousands):


	Three Months Ended March 31,
	2024		2023

Beginning of period balance	$	2,061	$	—
Acquired liabilities	—		1,993
Changes in fair value included in earnings	31		13

End of period balance	$	2,092	$	2,006