Annual report pursuant to Section 13 and 15(d)

FAIR VALUE MEASUREMENT (Tables)

v3.22.4
FAIR VALUE MEASUREMENT (Tables)
12 Months Ended
Dec. 31, 2022
Fair Value Disclosures [Abstract]  
Schedule of Liabilities Measured at Fair Value on a Recurring Basis
The following tables present the liabilities measured at fair value on a recurring basis, by input level, in the Consolidated Balance Sheet at December 31, 2022 and December 31, 2021:
December 31, 2022
Level 1 Level 2 Level 3 Total
Financial liabilities:
Public Warrants $ 2,153  —  —  $ 2,153 
Private Warrants —  1,529  —  1,529 
Total financial liabilities $ 2,153  $ 1,529  $ —  $ 3,682 
December 31, 2021
Level 1 Level 2 Level 3 Total
Financial liabilities:
Public Warrants $ 4,255  —  —  $ 4,255 
Private Warrants —  2,266  —  2,266 
Total financial liabilities $ 4,255  $ 2,266  $ —  $ 6,521 
Schedule of Changes in Fair Values of Level 3 Liabilities
The change in fair value of contingent consideration payable was valued using significant unobservable inputs (Level 3). The change was included in "Other income (expense), net" in the Consolidated Statements of Operations and consisted of the following:
Total
Balance as of December 31, 2021
$ — 
Recorded in connection with business combinations 3,361 
Fair value adjustments based upon post-acquisition performance (2,411)
Balance as of December 31, 2022
$ 950