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ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES
 12 Months Ended
Dec. 31, 2022
Payables and Accruals [Abstract]  
ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES
SuccessorPredecessor
December 31, 2022December 31, 2021
Payable to employees$12,890 $10,091 
Accrued marketing expenses38,911 144 
Accrued professional fees2,706 6,242 
VAT tax liability4,343 — 
Accrued tax liability1,176 361 
Acquisition holdback liability6,885 — 
Accrued revenue share 1
16,921 — 
Contingent consideration— 1,682 
Former CEO profit interest— 11,132 
Other liabilities11,615 1,632 
Accrued expenses and other current liabilities$95,447 $31,284 
1 Revenue share payables of $9,475 were included in accounts payable on the accompanying consolidated balance sheet as of December 31, 2021 due to the timing of the receipt of invoices. No revenue share was accrued as of December 31, 2021.

Ian Weingarten was hired as CEO of S1 Holdco on April 10, 2019. He was entitled to a cash-settled profits interest of 5% of the value of S1 Holdco, which was contingent upon (i) a participation threshold of $300,000 (which was subject to adjustment as set forth in the S1 Holdco operating agreement) and (ii) on a four-year vesting term, or if a qualifying change in control transaction occurs.

In February 2021, Mr. Weingarten's employment with S1 Holdco was terminated and the parties entered into a separation agreement. In connection with the separation agreement, S1 Holdco agreed to payment of separation pay benefits consistent with the terms of Mr. Weingarten’s employment agreement, including the payment of the liability accrued for the cash-settled profits interest of 5% of S1 Holdco, which was deemed vested as to a 3.75% profits interest and forfeited as to the remaining 1.25% profits interest above the applicable adjusted threshold amount (subject to further increase to a 2.5% profits interest in the event that the Merger was not consummated). S1 Holdco recorded a liability for this arrangement of $11,132 as of December 31, 2021 (Predecessor). In January 2022, in conjunction with the consummation of the Merger, S1 Holdco settled the profits interest liability pursuant to the separation agreement with Mr. Weingarten.