Climb Global Solutions Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Fair Value Measurements (Tables)

Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2023

Fair Value Measurements

Schedule of assets and liabilities that are measured at fair value on a recurring basis


		As of December 31, 2023
		Level 1			Level 2			Level 3			Total
Assets:
Treasury bills		$	5,096		$	—		$	—		$	5,096
Total assets		$	5,096		$	—		$	—		$	5,096

Liabilities:
Contingent earn-out		$	—		$	—		$	4,189		$	4,189
Total liabilities		$	—		$	—		$	4,189		$	4,189

		As of December 31, 2022
Assets:
Treasury bills		$	—		$	—		$	—		$	—
Total assets		$	—		$	—		$	—		$	—

Liabilities:
Contingent earn-out		$	—		$	—		$	1,777		$	1,777
Total liabilities		$	—		$	—		$	1,777		$	1,777

Schedule of changes in the company's level 3 financial instruments measured at fair value on a recurring basis


Balance January 1, 2022		$	—
Spinnakar acquisition - contingent earn-out			1,771
Translation adjustments			6
Balance December 31, 2022		$	1,777
Data Solutions acquisition - contingent earn-out			2,227
Translation adjustments			185
Balance December 31, 2023		$	4,189