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Fair Value Measurements (Tables)
3 Months Ended
Sep. 30, 2023
Fair Value Disclosures [Abstract]  
Schedule of Fair Value of Financial Instruments Measured at Fair Value on Recurring Basis

The following table presents the fair value of the Company’s financial instruments (in thousands):

 

 

 

September 30, 2023

 

 

June 30, 2023

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds

 

$

11,848

 

 

$

 

 

$

 

 

$

11,848

 

 

$

16,910

 

 

$

 

 

$

 

 

$

16,910

 

Total

 

$

11,848

 

 

$

 

 

$

 

 

$

11,848

 

 

$

16,910

 

 

$

 

 

$

 

 

$

16,910

 

Liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Post-closing payments related to acquisitions

 

$

 

 

$

12,109

 

 

$

 

 

$

12,109

 

 

$

 

 

$

17,498

 

 

$

 

 

$

17,498

 

Contingent consideration related to acquisitions

 

 

 

 

 

 

 

 

711

 

 

 

711

 

 

 

 

 

 

 

 

 

1,039

 

 

 

1,039

 

Total

 

$

 

 

$

12,109

 

 

$

711

 

 

$

12,820

 

 

$

 

 

$

17,498

 

 

$

1,039

 

 

$

18,537

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Reported as:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash and cash equivalents

 

 

 

 

 

 

 

 

 

 

$

11,848

 

 

 

 

 

 

 

 

 

 

 

$

16,910

 

Other Liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current

 

 

 

 

 

 

 

 

 

 

$

7,649

 

 

 

 

 

 

 

 

 

 

 

$

7,875

 

Noncurrent

 

 

 

 

 

 

 

 

 

 

 

5,171

 

 

 

 

 

 

 

 

 

 

 

 

10,662

 

Total

 

 

 

 

 

 

 

 

 

 

$

12,820

 

 

 

 

 

 

 

 

 

 

 

$

18,537

 

Schedule of Change in Contingent Consideration

The following table represents the changes in the contingent consideration during the three months ended September 30, 2023 (in thousands):

 

 

 

Three Months Ended

 

 

 

September 30, 2023

 

Balance at the beginning of period

 

$

1,039

 

Changes in fair value during the period

 

 

 

Payments made during the period

 

 

(328

)

Balance at the end of period

 

$

711