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Contingent Earnout Liability
9 Months Ended
May 31, 2022
Contingent Earnout Liability [Abstract]  
Contingent Earnout Liability
(3)
Contingent Earnout Liability

The following table summarizes the changes in fair value of the Company’s contingent earnout liability during the nine months ended May 31, 2022:

 

 

 

Outline
Systems, LLC

 

Balance at August 31, 2021

 

$

5,462

 

Change in fair value, including accretion

 

 

67

 

Payments to sellers

 

 

(5,529

)

Balance at May 31, 2022

 

$

 

 

The final earnout payment related to the Outline acquisition was made in November 2021. The total cumulative earnout paid to the Outline sellers was $10.3 million.