Annual report pursuant to Section 13 and 15(d)

Fair Value of Financial Instruments (Tables)

v3.20.4
Fair Value of Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2020
Financial Instruments, Financial Assets, Balance Sheet Groupings [Abstract]  
Fair Value, Assets Measured on Recurring Basis
Assets and liabilities measured at fair value on a recurring basis as of December 31, 2020 and 2019 are summarized below:
As of December 31, 2020
Level 1 Level 2 Level 3 Total
Earn-out liability $ —  $ —  $ 6,865  $ 6,865 
As of December 31, 2019
Level 1 Level 2 Level 3 Total
Earn-out liability $ —  $ —  $ 11,770  $ 11,770 
Fair Value Measurements, Nonrecurring The losses on assets measured at fair value on a nonrecurring, discontinued operation basis are summarized below:
2020 2019
Goodwill impairment charge1
$ 5,406  $ — 
Valuation allowance on assets held for sale1
22,978  — 
1 See Note 2, Discontinued Operation and Held for Sale.