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FAIR VALUE MEASUREMENTS
9 Months Ended
Jun. 30, 2022
Fair Value Disclosures [Abstract]  
FAIR VALUE MEASUREMENTS

NOTE 4     FAIR VALUE MEASUREMENTS

 

The earnout consideration of $70,000 at June 30, 2022 and September 30, 2021 represents the fair value of the contingent earnout consideration related to the acquisition of Kablooe, which provides annual contingent earnout payments based on results of operations through August 2025. The fair value of the earnout liability is measured on a recurring basis at each reporting date using a Black-Scholes valuation model with inputs categorized within level three of the fair value hierarchy. The current and non-current portions of this liability are shown in the corresponding categories on the condensed consolidated balance sheets in each period presented. During the three and nine months ended June 30, 2022, there were no changes to the total fair value of this earnout liability.