Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Tables)

v3.22.1
Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2022
Fair Value Disclosures [Abstract]  
Summary of Changes in Fair Value of Contingent Consideration Liability

The changes in the fair value of contingent consideration liability for the three months ended March 31, 2022 and 2021 are as follows (in thousands):

 

 

 

Three Months Ended March 31,

 

 

 

2022

 

 

2021

 

Beginning balance

 

$

1,500

 

 

$

573

 

Payment of contingent consideration liability

 

 

 

 

 

(403

)

Change in fair value of contingent consideration

 

 

 

 

 

 

Contingent consideration - Forensic Logic ( Note 4 - Business Acquisitions)

 

 

12,400

 

 

 

 

Ending balance

 

$

13,900

 

 

$

170