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FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENTS (Tables)
9 Months Ended
Sep. 30, 2022
FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENTS  
Schedule of assets and liabilities measured at fair value on a recurring basis

Fair Value Measurements Using

As of September 30, 2022 (unaudited)

Fair Value

    

Prices in active markets for identical assets (Level 1)

    

Significant other observable inputs
(Level 2)

    

Significant unobservable inputs
(Level 3)

Money Market Funds

$

38,553

$

38,553

$

$

Commercial Paper

9,529

9,529

Corporate Bonds

199

199

U.S. Treasury Securities

4,904

4,904

Tellutax Contingent Consideration

(4,500)

(4,500)

Foreign currency forward contracts

416

416

Fair Value Measurements Using

As of December 31, 2021

Fair Value

    

Prices in active markets for identical assets (Level 1)

    

Significant other observable inputs
(Level 2)

    

Significant unobservable inputs
(Level 3)

Money Market Funds

$

3,201

$

3,201

$

$

Tellutax Contingent Consideration

(2,500)

(2,500)

Foreign currency forward contracts

(62)

(62)

Summary of estimated fair value of tellutax contingent consideration

September 30, 2022

Liability

    

Fair Value

    

Valuation Technique

    

Unobservable Inputs

Tellutax Contingent Consideration

$

(4,500)

Monte Carlo Simulation

Revenue volatility

75.0

%

Revenue discount rate

22.2

%

Term (in years)

2.6

December 31, 2021

Liability

    

Fair Value

    

Valuation Technique

    

Unobservable Inputs

Tellutax Contingent Consideration

$

(2,500)

Monte Carlo Simulation

Revenue volatility

95.0

%

Revenue discount rate

20.0

%

Term (in years)

3.6

Changes in fair value of tellutax contingent consideration

Tellutax

Contingent

Consideration

Balance, January 1, 2022

$

(2,500)

Fair value adjustments

 

(2,000)

Balance, September 30, 2022

$

(4,500)