v3.24.2.u1
Fair Value Measurements (Tables)
 6 Months Ended
Jun. 30, 2024
Fair Value Disclosures [Abstract]  
Schedule of Financial Instruments Measured at Fair Value on a Recurring Basis
The following table provides the financial instruments measured at fair value on a recurring basis:
June 30, 2024
Level 1Level 2Level 3Total
Assets
Cash equivalents:
Money market fund$53,886 $— $— $53,886 
Derivative assets:
Interest rate swaps— 2,965 — 2,965 
Total assets at fair value$53,886 $2,965 $— $56,851 
Liabilities
Alignment Shares liability— — 22,534 22,534 
Other long-term liabilities:
True Green II Acquisition - contingent liability— — 2,187 2,187 
Caldera Acquisition - contingent liability— — 900 900 
Total liabilities at fair value$— $— $25,621 $25,621 
December 31, 2023
Level 1Level 2Level 3Total
Assets
Derivative assets:
Interest rate swaps$— $530 $— $530 
Total assets at fair value$— $530 $— $530 
Liabilities
Alignment Shares liability— — 60,502 60,502 
Other long-term liabilities:
True Green II Acquisition - contingent liability— — 4,658 4,658 
Caldera Acquisition - contingent liability— — 2,600 2,600 
Total liabilities at fair value$— $— $67,760 $67,760 
Schedule of Alignment Shares
 
For the six months ended June 30, 2024
For the six months ended June 30, 2023
 Shares$Shares$
Beginning balance996,188 $60,502 1,207,500 $66,145 
Alignment shares converted(199,238)(10)(201,250)(11)
Fair value remeasurement— (37,958)— (19,823)
Ending balance796,950 $22,534 1,006,250 $46,311