FAIR VALUE (Tables)

9 Months Ended

Sep. 30, 2022

Fair Value Disclosures [Abstract]

Schedule of Fair Value Hierarchy for Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis

The following table reflects the Company’s fair value hierarchy for its financial assets and liabilities measured at fair value on a recurring basis as of September 30, 2022 and December 31, 2021 (in thousands):

September 30, 2022	Financial Statement Classification	Level 1		Level 2		Level 3		Total
Liabilities:
Short-term contingent consideration	Contingent consideration, current portion	$	—	$	—	$	10,900	$	10,900
Long-term contingent consideration	Contingent consideration	—		—		25,759		25,759
Total		$	—	$	—	$	36,659	$	36,659

December 31, 2021	Financial Statement Classification	Level 1		Level 2		Level 3		Total
Liabilities:
Short-term contingent consideration	Contingent consideration, current portion	$	—	$	—	$	14,500	$	14,500
Long-term contingent consideration	Contingent consideration	—		—		23,159		23,159
Total		$	—	$	—	$	37,659	$	37,659

Schedule of Changes in Fair Value

The following table summarizes changes in fair value that are measured on a recurring basis using significant unobservable inputs (Level 3) for the three and nine months ended September 30, 2022 and 2021 (in thousands):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2022		2021		2022		2021
Fair value, beginning of the period	$	36,759	$	37,659	$	37,659	$	38,552
Change in fair value of contingent consideration recorded within costs and expenses	3,900		300		6,845		1,902
Cash payment related to contingent consideration	(4,000)		—		(7,845)		(2,495)
Fair value, end of the period	$	36,659	$	37,959	$	36,659	$	37,959