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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2021
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES  
Summary of assets measured at fair value on a recurring basis

Basis of Fair Value Measurements

 

December 31, 2021

 

Level 1

 

Level 2

 

Level 3

Total

Assets:

Cash equivalents

 

$

1,018

 

$

 

$

 

$

1,018

Total

 

$

1,018

 

$

 

$

 

$

1,018

Liabilities:

Contingent consideration (1)

 

$

 

$

 

$

2,420

 

$

2,420

 

$

 

$

 

$

2,420

 

$

2,420

Basis of Fair Value Measurements

 

December 31, 2020

 

Level 1

 

Level 2

 

Level 3

Total

Assets:

Cash equivalents

 

$

17

 

$

 

$

 

$

17

Total

 

$

17

 

$

 

$

 

$

17

Liabilities:

Contingent consideration (2)

 

$

 

$

 

$

5,319

 

$

5,319

 

$

 

$

 

$

5,319

 

$

5,319

(1)

Contingent consideration is included in “Accrued expenses and other current liabilities” as of December 31, 2021.

(2)

The current and noncurrent Contingent consideration is included in “Accrued expenses and other current liabilities” and “Other liabilities,” respectively, as of December 31, 2020.

Schedule of change in the contingent consideration liability

 

Year Ended

 

December 31,

     

2021

     

2020

Beginning Balance

$

5,319

$

Payments of contingent consideration

 

(3,000)

 

Neuralify contingent consideration accrued

 

 

4,900

Accretion of contingent consideration

 

101

 

419

Ending Balance

$

2,420

$

5,319