ORTHOPEDIATRICS CORP Fair Value Disclosure
| December 31, 2025 | |||||||||||||||||||||||
| Level 1 | Level 2 | Level 3 | Total | ||||||||||||||||||||
| Financial Assets | |||||||||||||||||||||||
| Short-term Investments | |||||||||||||||||||||||
| Corporate Bonds | $ | — | $ | 17,852 | $ | — | $ | 17,852 | |||||||||||||||
| Treasury Bonds | $ | 16,956 | $ | — | $ | — | $ | 16,956 | |||||||||||||||
| Asset-Backed Securities | $ | — | $ | 6,058 | $ | — | $ | 6,058 | |||||||||||||||
| Exchange Trade Mutual Funds | $ | 429 | $ | — | $ | — | $ | 429 | |||||||||||||||
| December 31, 2024 | |||||||||||||||||||||||
| Level 1 | Level 2 | Level 3 | Total | ||||||||||||||||||||
| Financial Assets | |||||||||||||||||||||||
| Short term Investments | |||||||||||||||||||||||
| Corporate Bonds | $ | 10,598 | $ | — | $ | — | $ | 10,598 | |||||||||||||||
| Treasury Bonds | $ | 9,274 | $ | — | $ | — | $ | 9,274 | |||||||||||||||
| Asset-Backed Securities | $ | 4,889 | $ | — | $ | — | $ | 4,889 | |||||||||||||||
| Exchange Trade Mutual Funds | $ | 252 | $ | — | $ | — | $ | 252 | |||||||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Mar 4, 2026 | Showing above |
| 2024 | Mar 5, 2025 | |
| 2023 | Mar 8, 2024 | |
| 2022 | Mar 1, 2023 | |
| 2021 | Mar 3, 2022 | |
| 2020 | Mar 11, 2021 | |
About Fair Value Disclosures
Fair value disclosures classify all assets and liabilities measured at fair value into a three-level hierarchy: Level 1 (quoted market prices), Level 2 (observable inputs like yield curves), and Level 3 (unobservable inputs requiring management estimates). The proportion of Level 3 assets directly reflects how much of the balance sheet depends on internal models rather than market evidence.
Key signals: a growing Level 3 balance relative to total fair-value assets increases valuation uncertainty and earnings volatility risk. Watch for transfers between levels — assets moving from Level 2 to Level 3 often signal deteriorating market liquidity. Unrealized gains and losses on Level 3 positions flow through earnings or other comprehensive income, so large swings deserve scrutiny. For financial institutions, examine the sensitivity disclosures that show how Level 3 valuations change under alternative assumptions. Compare the fair value of debt against its carrying amount to gauge hidden leverage.