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FAIR VALUE MEASUREMENTS (Tables) | 3 Months Ended
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Mar. 31, 2023
Fair Value Disclosures [Abstract] |
Schedule of Fair Value of Contingent Consideration | The fair value of contingent consideration in connection with the Bridg acquisition is as follows (in thousands):
| December 31, 2022
| Level 1 |  | Level 2 |  | Level 3 |  | Total
Liabilities: |  |  |  |  |  |  |
Current contingent consideration | $ | — |  |  | $ | — |  |  | $ | 104,121 |  |  | $ | 104,121 |
Total liabilities | $ | — |  |  | $ | — |  |  | $ | 104,121 |  |  | $ | 104,121 |
| March 31, 2023
| Level 1 |  | Level 2 |  | Level 3 |  | Total
Liabilities: |  |  |  |  |  |  |
Current contingent consideration | $ | — |  |  | $ | — |  |  | $ | 69,537 |  |  | $ | 69,537 |
Total liabilities | $ | — |  |  | $ | — |  |  | $ | 69,537 |  |  | $ | 69,537 |
The following table shows a reconciliation of the beginning and ending fair value measurements of our contingent consideration, which we have valued using level 3 inputs:
| Three Months Ended March 31, |  |
| 2022 |  | 2023 |  |  |  |
Beginning balance | $ | 232,295 |  |  | $ | 104,121 |  |  |  |  |
Change in fair value of contingent consideration | (65,050) |  |  | (34,584) |  |  |  |  |
Ending balance | $ | 167,245 |  |  | $ | 69,537 |  |  |  |  |
Schedule of Assumptions used for Estimating Fair Value of Contingent Consideration | The following table summarizes key assumptions used for estimating the fair value of the contingent consideration:
| December 31, 2022
Revenue volatility | 20.0 | %
Revenue discount rate | 8.7 | %
Weighted average cost of capital | 17.0 | %
Common stock volatility | 156.0 | %
Portion to be paid in cash | 30.0 | %

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- Definition Tabular disclosure of financial instruments measured at fair value, including those classified in shareholders' equity measured on a recurring or nonrecurring basis. Disclosures include, but are not limited to, fair value measurements recorded and the reasons for the measurements, level within the fair value hierarchy in which the fair value measurements are categorized and transfers between levels 1 and 2. Nonrecurring fair value measurements are those that are required or permitted in the statement of financial position in particular circumstances. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 3 -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19279-110258 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2C -URI https://asc.fasb.org/extlink&oid=126976982&loc=SL7498348-110258 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (bb) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 + Details
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- Definition Tabular disclosure of input and valuation technique used to measure fair value and change in valuation approach and technique for each separate class of asset and liability measured on recurring and nonrecurring basis. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (bbb) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 + Details
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