meteor/tools/static-assets/server/runtime.js

const Module = module.constructor;
const Mp = Module.prototype;

Mp.resolve = function (id) {
  return Module._resolveFilename(id, this);
};

// Enable the module.{watch,export,...} runtime API needed by Reify.
require("reify/lib/runtime").enable(Mp);

const moduleLoad = Mp.load;
Mp.load = function (filename) {
  const result = moduleLoad.apply(this, arguments);
  if (typeof this.runSetters === "function") {
    // Make sure we call module.runSetters (or module.runModuleSetters, a
    // legacy synonym) whenever a module finishes loading.
    this.runSetters();
  }
  return result;
};

const resolved = Promise.resolve();
Mp.dynamicImport = function (id) {
  return resolved.then(() => require(id));
};

const reifyBabelParse = require("reify/lib/parsers/babel").parse;
const reifyCompile = require("reify/lib/compiler").compile;
const _compile = Mp._compile;
Mp._compile = function (content, filename) {
  try {
    const result = reifyCompile(content, {
      parse: reifyBabelParse,
      generateLetDeclarations: false,
      ast: false,
    });
    if (!result.identical) {
      content = result.code;
    }
  } finally {
    return _compile.call(this, content, filename);
  }
};