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Seller's Earn-Out (Tables) - Seller's Earn-Out
6 Months Ended
Jun. 30, 2022
Business Acquisition [Line Items]  
Schedule of Fair Value of Options Assumptions used in the valuation were as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

June 30, 2022

 

 

December 31, 2021

 

Stock price

$

3.09

 

 

$

5.87

 

Dividend yield

 

0.0

%

 

 

0.0

%

Volatility

 

76.2

%

 

 

67.9

%

Risk-free rate

 

2.93

%

 

 

0.96

%

Forecast period (in years)

 

2.48

 

 

 

2.98

 

Schedule of Change in Fair Value The following table presents activity for the Seller's Earn-Out measured using the Monte Carlo model, described above, as of June 30, 2022 and December 31, 2021:

 

 

Seller's Earn-Out

 

 Balance at December 31, 2021

$

18,081

 

 Change in fair value

 

(12,763

)

 Balance at June 30, 2022

$

5,318

 

Share based Compensation Expense Related to the Sellers Earn Out to Exchanged Option and Exchanged Unit holders

Share-based compensation expense related to the Seller’s Earn-Out to Exchanged Option and Exchanged Unit holders was included in the Company’s Condensed Consolidated Statements of Operations as follows:

 

 

Three Months Ended

 

 

Six Months Ended

 

 

June 30, 2022

 

 

June 30, 2022

 

Platform operations

$

59

 

 

$

117

 

Sales and marketing

 

147

 

 

 

295

 

Technology and development

 

49

 

 

 

94

 

General and administrative

 

244

 

 

 

485

 

   Total

$

499

 

 

$

991