
	December 31,		December 31,
	2021		2020
Deferred and contingent consideration	$	1,250,000	$	11,369,429

The deferred and contingent consideration payable balance related to the Achieve TMS East/Central Acquisition, excluding the earn-out, as at December 31, 2021 is $1,250,000. The related cash is being held in an escrow account subject to finalization of the escrow conditions (see note 5).

At December 31, 2020, the earn-out in relation to the acquisition of Achieve TMS West was confirmed to be $10,319,429, of which $3,095,799 was settled through the issuance of an aggregate of 231,011 common shares to the vendors on March 26, 2021. Of the remaining $7,223,630 of earn-out payable, $2,780,590 was paid in cash on March 26, 2021.

Certain vendors agreed to defer $4,443,040 of the cash earn-out consideration due to them until June 30, 2021 in exchange for additional cash consideration in the aggregate amount of $300,000 which was to be made concurrently with the deferred cash payment.

Of the $1,274,402 of deferred consideration held in escrow in connection with the acquisition, $224,402 was paid during the year ended December 31, 2020. The remaining $1,050,000 of deferred consideration at December 31, 2020 held in an escrow account was finalized as all escrow conditions had been satisfied. On March 26, 2021, the amount held in escrow as part of the Achieve TMS West Acquisition was released in accordance with the membership interest purchase agreement. The deferred cash payment and the remaining contingent consideration were paid in full to the vendors on June 28, 2021.