Company: LPSN
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001102993-25-000108
Chunk: 63

Company: LIVEPERSON INC
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 1
Chunk 63
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inancial Assets and LiabilitiesThe carrying amount of cash, accounts receivable, and accounts payable approximate their fair value due to their short-term nature. The Company’s assets and liabilities that are measured at fair value on a recurring basis, by level, within the fair value hierarchy as of June 30, 2025 and December 31, 2024, are summarized as follows: June 30, 2025Level 1Level 2Level 3Total(In thousands)AssetsCash equivalents - money market funds$95,830 $— $— $95,830 Total assets$95,830 $— $— $95,830 Liabilities:Warrants liability$— $— $11,673 $11,673 Total liabilities$— $— $11,673 $11,673 

24

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