XML 33 R23.htm IDEA: XBRL DOCUMENT v3.22.2
Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2022
Fair Value Measurement Inputs and Valuation Techniques [Line Items]  
Schedule of Assets and Liabilities Measured at Fair Value on Recurring Basis

The following tables summarizes the types of assets and liabilities measured at fair value on a recurring basis by level within the fair value hierarchy (in thousands):

 

June 30, 2022

 

Level 1

 

Level 2

 

Level 3

 

Total

Assets:

 

 

 

 

 

 

 

 

 

 

 

Cash equivalents:

 

 

 

 

 

 

 

 

 

 

 

Money market funds

$

21,301

 

$

  —

 

$

  —

 

$

21,301

Total financial assets

$

21,301

 

$

  —

 

$

  —

 

$

21,301

Liability:

 

 

 

 

 

 

 

 

 

 

 

Contingent consideration liability

$

  —

 

$

  —

 

$

5,000

 

$

5,000

Total financial liabilities

$

  —

 

$

  —

 

$

5,000

 

$

5,000

 

 

 

December 31, 2021

 

Level 1

 

Level 2

 

Level 3

 

Total

Assets:

 

 

 

 

 

 

 

 

 

 

 

Cash equivalents:

 

 

 

 

 

 

 

 

 

 

 

Money market funds

$

38,522

 

$

  —

 

$

  —

 

$

38,522

Total financial assets

$

38,522

 

$

  —

 

$

  —

 

$

38,522

Liability:

 

 

 

 

 

 

 

 

 

 

 

Contingent consideration liability

$

  —

 

$

  —

 

$

14,094

 

$

14,094

Total financial liabilities

$

  —

 

$

  —

 

$

14,094

 

$

14,094

Schedule of Change in Fair Value of the Redeemable Convertible Preferred Stock Warrant Liability, Derivative Liabilities and Contingent Consideration Liability

The change in fair value of the redeemable convertible preferred stock warrant liability, derivative liabilities and contingent consideration liability are summarized below (in thousands):

 

 

 

Redeemable
convertible
preferred
stock
warrant
liability

 

 

 

Derivative
liabilities

 

 

 

Contingent
consideration
liability

 

Beginning fair value, December 31, 2020

$

 

42

 

 

$

 

38,007

 

 

$

 

23,667

 

Change in fair value

 

 

582

 

 

 

 

6,121

 

 

 

 

(204

)

Ending fair value, March 31, 2021

 

 

624

 

 

 

 

44,128

 

 

 

 

23,463

 

Change in fair value

 

 

(50

)

 

 

 

2,019

 

 

 

 

1,121

 

Ending fair value, June 30, 2021

$

 

574

 

 

$

 

46,147

 

 

$

 

24,584

 

 

 

 

 

 

 

 

 

 

Contingent
consideration
liability

Beginning fair value, December 31, 2021

 

 

 

 

 

 

$

14,094

Change in fair value

 

 

 

 

 

 

 

(151)

Payment

 

 

 

 

 

 

 

(5,000)

Ending fair value, March 31, 2022

 

 

 

 

 

 

 

8,943

Change in fair value

 

 

 

 

 

 

 

(3,943)

Payment

 

 

 

 

 

 

 

  —

Ending fair value, June 30, 2022

 

 

 

 

 

 

$

5,000