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COMMITMENTS AND CONTINGENCIES
3 Months Ended
Mar. 31, 2023
COMMITMENTS AND CONTINGENCIES  
COMMITMENTS AND CONTINGENCIES

NOTE 8—COMMITMENTS AND CONTINGENCIES

The Company is subject to contingencies which arise through the ordinary course of business. All material liabilities of which management is aware are properly reflected in the financial statements as of March 31, 2023 and December 31, 2022.

Change 4 Growth Contingent Consideration

As of March 31, 2023, the Company has recorded a liability of $5.6 million representing the estimated fair value of contingent consideration related to the acquisition of Change 4 Growth, of which $1.5 million was classified as current and included in accrued expenses on the consolidated balance sheet.