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FAIR VALUE MEASUREMENT (Tables)
6 Months Ended
Jun. 30, 2022
Fair Value Disclosures [Abstract]  
Schedule of Liabilities Measured at Fair Value on Recurring Basis
The following tables present the Company’s fair value hierarchy for liabilities measured at fair value on a recurring basis as of June 30, 2022 (Successor) and December 31, 2021 (Predecessor):

June 30, 2022 (Successor)
Level 1Level 3Total
Warrant liabilities:
Public warrants$13,669 $— $13,669 
Contingent consideration— 568 568 
Grand total$13,669 $568 $14,237 

December 31, 2021 (Predecessor)
Level 3Total
Former CEO equity interest     11,132 11,132 
Contingent consideration1,682 1,682 
Grand total$12,814 $12,814 
Schedule of Estimated Fair Value of Liabilities
Changes in estimated fair value of Level 1, 2 and 3 financial liabilities for the period from January 1, 2022 through January 26, 2022 (Predecessor), the period from January 27, 2022 through June 30, 2022 (Successor), and for the six months ended June 30, 2021 (Predecessor), respectively, are as follows:

Former CEO equity profits interest*Contingent considerationWarrant liability
Fair value of liabilities at December 31, 2020 (Predecessor)$4,236 $8,240 
Settlements— (6,715)
Change in fair value4,238 94 
Fair value of liabilities at June 30, 2021 (Predecessor)$8,474 $1,619 
Fair value of liabilities at December 31, 2021 (Predecessor) and January 26, 2022 (Predecessor)$11,132 $1,682 
Fair value of liabilities at January 27, 2022 (Successor)$1,682 $27,012 
Additions573 — 
Change in fair value— 13,761 
Fair value of liabilities at March 31, 2022 (Successor)2,255 40,773 
Settlements(1,715)(22,965)
Change in fair value28 (4,139)
Fair value of liabilities at June 30, 2022 (Successor)$568 $13,669 

*Former CEO equity profits interest as further described in executive compensation Note 11.