Quarterly report pursuant to Section 13 or 15(d)

Fair Value of Financial Instruments (Tables)

v3.22.1
Fair Value of Financial Instruments (Tables)
3 Months Ended
Mar. 31, 2022
Fair Value of Financial Instruments  
Schedule of recurring Level 3 fair value measurements of contingent consideration significant unobservable inputs

    

As of March 10, 2022

Description

Total

Level 1

Level 2

Level 3

Liabilities:

 

  

 

  

 

  

 

  

Contingent consideration

$

12,159

 

 

$

12,159

    

As of March 31, 2022

Description

Total

Level 1

Level 2

Level 3

Liabilities:

 

  

 

  

 

  

 

  

Contingent consideration

$

12,159

 

 

$

12,159

As of March 10, 2022

 

Valuation

Significant

Weighted Average

 

    

Methodology

    

Unobservable Input

    

(range, if applicable)

 

Contingent Consideration

 

Probability weighted

 

Milestone dates

 

2022-2027

 

income approach

 

  

 

Discount rate

 

7.3% to 8.6%

 

  

 

Weighted Average Discount rate

 

7.77%

 

  

 

Probability of Occurrence (periodic for each Milestone)

 

9.9% to 82.4%

 

  

 

Probability of occurrence (cumulative through each Milestone)

 

5.1% to 62.8%

    

As of March 31, 2022

 

Valuation

Significant

Weighted Average

 

    

Methodology

    

Unobservable Input

    

(range, if applicable)

 

Contingent Consideration

 

Probability weighted

 

Milestone dates

 

2022-2027

income approach

 

 

Discount rate

7.1% to 8.7%

Weighted Average Discount rate

7.78%

Probability of Occurrence (periodic for each Milestone)

9.9% to 82.4%

 

 

Probability of occurrence (cumulative through each Milestone)

5.1% to 62.8%