Company: LPSN
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001102993-25-000108
Chunk: 112

Company: LIVEPERSON INC
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 8
Chunk 112
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 techniques, are assigned a hierarchical level. The following are the hierarchical levels of inputs to measure fair value:•Level 1: Observable inputs that reflect quoted prices (unadjusted) for identical assets or liabilities in active markets.•Level 2: Inputs reflect: quoted prices for identical assets or liabilities in markets that are not active; quoted prices for similar assets or liabilities in active markets; inputs other than quoted prices that are observable for the assets or liabilities; or inputs that are derived principally from or corroborated by observable market data by correlation or other means.•Level 3: Unobservable inputs reflecting the Company’s assumptions incorporated in valuation techniques used to determine fair value. These assumptions are required to be consistent with market participant assumptions that are reasonably available.Financial 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