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Contingent consideration payable
9 Months Ended
Sep. 30, 2024
Contingent And Deferred Consideration Payable [Abstract]  
Contingent consideration payable

9. Contingent consideration payable

Contingent consideration payable is comprised of the following balances:

 

Balance as of December 31, 2023

 

$

18,706

 

Payments made during the period

 

 

(8,949

)

Additions in the period

 

 

 

Fair value loss and other

 

 

452

 

Balance as of September 30, 2024

 

$

10,209

 

Current

 

$

9,884

 

Non-current

 

$

325

 

 

During the nine months ended September 30, 2024 the Company paid $8,949 of the contingent consideration payable, a majority of which related to a prior period acquisition. This contingent consideration arose as part of the consideration of merchant buyouts, as well as prior year acquisitions, and is payable in cash subject to the future financial performance of the acquisitions.

 

During the nine months ended September 30, 2023, the Company paid $9,210 of the contingent consideration payable related to a prior period acquisition.