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COMMITMENTS AND CONTINGENCIES (Tables)
12 Months Ended
Jun. 30, 2024
COMMITMENTS AND CONTINGENCIES  
Schedule of roll-forward of the contingent consideration liability

These projections and probabilities are used to estimate future contingent earnout payments, which are discounted back to present value to compute contingent earnout liabilities. The following table provides a roll-forward from June 30, 2022 to June 30, 2023 of the contingent consideration liability, which is included in other accrued expenses and current liabilities, and other long-term liabilities in our consolidated balance sheets (in thousands):

Beginning fair value, June 30, 2023

    

$

21,181

Addition of contingent earnout obligations

1,766

Foreign currency translation adjustment

(25)

Changes in fair value for contingent earnout obligations

 

(6,945)

Payments on contingent earnout obligations

 

(602)

Ending fair value, June 30, 2024

$

15,375