Company: LPSN
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001102993-25-000187
Chunk: 80

Company: LIVEPERSON INC
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 1
Chunk 80
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 December 31, 2024, are summarized as follows: September 30, 2025Level 1Level 2Level 3Total(In thousands)AssetsCash equivalents - money market funds$51,739 $— $— $51,739 Total assets$51,739 $— $— $51,739 Liabilities:Warrants liability$— $— $7,443 $7,443 Total liabilities$— $— $7,443 $7,443 

29

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS(UNAUDITED)

December 31, 2024Level 1Level 2Level 3Total(In thousands)Assets:Cash equivalents - money market funds$105,772 $— $— $105,772 Total assets$105,772 $— $— $105,772 Liabilities:Warrants liability$— $— $17,498 $17,498 Total liabilities$— $— $17,498 $17,498 In determining fair value, the Company utilizes valuation techniques that maximize the use of observable inputs and minimize the use of unobservable inputs to the extent possible as well as considers counterparty credit risk in its assessment of fair value. Observable or market inputs reflect market data obtained from independent sources, while unobservable inputs reflect the Company’s assumptions based on the best information available.The Company’s money market funds are measured at fair value on a recurring basis based on quoted market prices in active markets and are classified as Level 1 within the fair value hierarchy. The Company’s Warrants liability was measured at fair value on a recurring basis and was classified as Level 3 within the fair value hierarchy. Significant changes in unobservable inputs could result in significantly lower or higher fair value measurements. On a nonrecurring basis, the Company uses fair value measures when analyzing asset impairment. Long-lived assets are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. If it is determined such indicators are present and the review indicates that the assets will not be fully recoverable, based on undiscounted estimated cash flows over the remaining amortization periods, their carrying values are reduced to estimated fair value. Estimated fair values are Level 3 measures in the fair value hierarchy. The estimated fair value of outstanding balances of the Notes as of the