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COMMITMENTS AND CONTINGENCIES
 3 Months Ended
Mar. 31, 2024
COMMITMENTS AND CONTINGENCIES  
COMMITMENTS AND CONTINGENCIES

NOTE 8—COMMITMENTS AND CONTINGENCIES

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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, 2024 and December 31, 2023.

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Ventana Research Contingent Consideration

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As of March 31, 2024, the Company has recorded a liability of $1.7 million representing the estimated fair value of contingent consideration related to the acquisition of Ventana Research, of which $0.2 million was classified as current and included in accrued expenses on the consolidated balance sheet. The Company paid $0.2 million in April 2024 related to 2023 performance.

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Change 4 Growth Contingent Consideration

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As of March 31, 2024, the Company has recorded a liability of $4.2 million representing the estimated fair value of contingent consideration related to the acquisition of Change 4 Growth, of which $2.2 million was classified as current and included in accrued expenses on the consolidated balance sheet. The Company paid $2.2 million in April 2024, which was comprised of $1.5 million of cash consideration and $0.7 million of shares of ISG common stock related to 2023 performance.