Fair Value Measures and Disclosures (Tables)

3 Months Ended

Mar. 31, 2022

Fair Value Disclosures [Abstract]

Fair Value Measurement Inputs and Valuation Techniques

The following table represents the key inputs used in the fair value calculation:

	As of
	March 31, 2022		December 31, 2021
Risk free interest rate	1.23	%	0.45	%
Projected year of payment	2022 – 2023		2022 – 2023
Revenue volatility	6.8	%	22.3	%
Discount rate	4.49	%	5.87	%

Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation

A rollforward of the fair value measurements of the convertible notes for the three months ended March 31, 2022, is as follows:

Balance as of December 31, 2021	$	500
Additional investment in convertible notes	2,000
Change in fair value included in other income, net	661
Balance as of March 31, 2022	$	3,161

A rollforward of the fair value measurements of the contingent consideration liability for the three months ended March 31, 2022 is as follows:

Balance as of December 31, 2021	$	424
Expense recognized related to service period rendered	106
Balance as of March 31, 2022	$	530