Company: MTCH
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0000891103-25-000076
Chunk: 27

Company: Match Group, Inc.
Filing Date: 2025-05-08
Form: 10-Q
Item: Part I, Item 1
Chunk 27
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 and liabilities in active markets.•Level 2: Other inputs, which are observable directly or indirectly, such as quoted market prices for similar assets or liabilities in active markets, quoted market prices for identical or similar assets or liabilities in markets that are not active, and inputs that are derived principally from or corroborated by observable market data. The fair values of the Company’s Level 2 financial assets are primarily obtained from observable market prices for identical underlying securities that may not be actively traded. Certain of these securities may have different market prices from multiple market data sources, in which case an average market price is used.•Level 3: Unobservable inputs for which there is little or no market data and require the Company to develop its own assumptions, based on the best information available in the circumstances, about the assumptions market participants would use in pricing the assets or liabilities.The following tables present the Company’s financial instruments that are measured at fair value on a recurring basis: March 31, 2025 Quoted MarketPrices in ActiveMarkets forIdentical Assets(Level 1)Significant Other Observable Inputs(Level 2)TotalFair ValueMeasurements (In thousands)Assets:  Cash equivalents:  Money market funds$105,162 $— $105,162 Time deposits— 75,264 75,264 Short-term investments:Time deposits— 4,748 4,748 Total$105,162 $80,012 $185,174 

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Table of ContentsMATCH GROUP, INC. AND SUBSIDIARIESNOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Unaudited) (Continued)

 December 31, 2024 Quoted MarketPrices in ActiveMarkets forIdentical Assets(Level 1)Significant Other Observable Inputs(Level 2)TotalFair ValueMeasurements (In thousands)Assets:  Cash equivalents:  Money market funds$264,008 $— $264,008 Time deposits— 121,000 121,000 Short-term investments:Time deposits— 4,734 4,734 Total$264,008 $125,734 $389,742 Assets measured at fair value on a nonrecurring basisThe Company’s non-financial assets, such as goodwill, intangible assets, property and equipment, and right-of-use assets, are adjusted to fair value only when an impairment charge is recognized. The Company’s financial assets, comprised of equity securities without