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Acquisition Related Liabilities
 9 Months Ended
Sep. 30, 2021
Acquisition Related Liabilities [Abstract]  
Acquisition Related Liabilities Disclosure [Text Block]
6.
Acquisition Related Liabilities
The following is a summary of acquisition related liabilities:
 
     
                        
      
                        
      
                        
      
                        
      
                        
      
                        
      
                        
  
 
  
eBay CRM
 
  
Sizmek
 
  
PlaceIQ
 
  
Ignition One
 
  
Kinetic
 
  
Vital
 
  
Total
 
Balance as of January 1, 2021
   
$
17,137
 
   
$
4,402
 
  
$
256
 
  
$
1,360
 
   
$
—  
 
   
$
—  
     
$
23,155
 
Additions
   
 
—  
 
   
 
—  
 
  
 
—  
 
  
 
—  
 
   
 
24
 
   
 
1,784
 
   
 
1,808
 
Payments made during the year
   
 
—  
 
   
 
—  
 
  
 
(64
) 
  
 
—  
 
   
 
—  
 
   
 
—  
 
   
 
(64
)
Change in fair value of
earn-out
   
 
649
     
 
(470
) 
  
 
(192
) 
  
 
—  
 
   
 
—  
 
   
 
—  
 
   
 
(13
)
    
 
 
     
 
 
    
 
 
    
 
 
     
 
 
     
 
 
     
 
 
  
Balance as of September 30, 2021
   
$
17,786
 
   
$
3,932
 
  
$
—  
    
$
1,360
 
   
$
24
 
   
$
1,784
 
   
$
24,886
 
    
 
 
     
 
 
    
 
 
    
 
 
     
 
 
     
 
 
     
 
 
  
The changes in the fair value of the acquisition related liabilities are included in other expenses / (income) on the condensed unaudited consolidated statements of operations and comprehensive loss.
The Company is a party to a litigation matter in relation to certain acquisition related liabilities for its eBay CRM acquisition dated November 2, 2015. The amounts payable for eBay CRM has been contested by the Company in the court of law.
On October 14, 2021, the Company paid a portion of the liability for $9,786 to the sellers of eBay CRM business in satisfaction of a judgment, which was being accrued at $9,137. As such, the Company accrued an additional amount of $649 during the three months ending on September 30, 2021 such that the Company has full accrual for the payment relating to this liability as of September 30, 2021. Further, the Company has provided a letter of credit amounting to $6,028, against these payable amounts, which
is in the process of being
cancelled upon satisfaction of the judgment. Another portion of the liability, which stands at $8,000, is still being contested by the Company and in view of the numerous legal, technical and factual issues involved in these lawsuits, the Company may resolve the remaining liabilities in any amount lower than the accruals as of September 30, 2021.