Company: SUPN
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001356576-25-000071
Chunk: 207

Company: SUPERNUS PHARMACEUTICALS, INC.
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 8
Chunk 207
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—Other noncurrent assetsMarketable securities - restricted (SERP)692 25 667 — Restricted cash1,450 1,450 — — Total assets at fair value$283,302 $152,846 $130,456 $— Liabilities:Contingent consideration$11,448 $— $— $11,448 Total liabilities at fair value$11,448 $— $— $11,448 

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Fair Value Measurements as of December 31, 2024TotalLevel 1 Level 2Level 3Assets:Cash and cash equivalentsCash$37,830 $37,830 $— $— Money market funds31,501 31,501 — — Marketable securitiesCorporate debt securities355,201 — 355,201 — U.S. government agency debt securities29,080 —29,080 —Other noncurrent assetsMarketable securities - restricted (SERP)635 21 614 — Total assets at fair value$454,247 $69,352 $384,895 $— Liabilities:Contingent consideration$47,340 $— $— $47,340 Total liabilities at fair value$47,340 $— $— $47,340 Other Financial Instruments

The carrying amounts of other financial instruments, including accounts receivable, accounts payable, and accrued expenses approximate fair value due to their short-term maturities. 

7. Contingent Consideration

The following table sets forth the contingent consideration liabilities (dollars in thousands):September 30, 2025December 31, 2024(unaudited)Reported under the following captions in the consolidated balance sheets:Contingent consideration, current portion$11,235 $47,340 Contingent consideration, long-term213 — Total$11,448 $47,340 The Company's contingent consideration liabilities are related to the USWM Acquisition in 2020, the Adamas Acquisition in 2021, and the Sage Acquisition in 2025. The contingent consideration liabilities are measured at fair value using either a Monte Carlo simulation or the income approach. The Company classifies contingent consideration liabilities as Level 3 fair value measurements in the period where significant unobservable inputs were used to estimate fair value. These reflect the inputs and assumptions