Quarterly report pursuant to Section 13 or 15(d)

FINANCIAL INSTRUMENTS (Tables)

v3.22.2.2
FINANCIAL INSTRUMENTS (Tables)
 6 Months Ended
Jun. 30, 2022
Investments, All Other Investments [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis
The following table sets forth the Company’s financial assets and liabilities, subject to fair value measurements on a recurring basis by level within the fair value hierarchy as of June 30, 2022:
Level 1 Level 2 Level 3 Total
Financial assets:
Equity investment $ —  $ —  $ 1,500  $ 1,500 
$ —  $ —  $ 1,500  $ 1,500 
Financial liabilities:
Derivative liabilities (1)
$ —  $ —  $ 26,289  $ 26,289 
Contingent consideration liabilities (2)
—  —  15,603  15,603 
$ —  $ —  $ 41,892  $ 41,892 
The following table sets forth the Company’s financial assets and liabilities, subject to fair value measurements on a recurring basis by level within the fair value hierarchy as of December 31, 2021:
Level 1 Level 2 Level 3 Total
Financial assets:
Equity investment $ —  $ —  $ 1,500  $ 1,500 
$ —  $ —  $ 1,500  $ 1,500 
Financial liabilities:
Derivative liabilities (1)
$ —  $ —  $ 92,435  $ 92,435 
Contingent consideration liabilities (2)
—  —  8,223  8,223 
$ —  $ —  $ 100,658  $ 100,658 
(1) Refer to Note 11 - Derivative Liabilities
(2) Refer to Note 7 - Acquisitions