Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2022

Fair Value Disclosures [Abstract]

Schedule of Fair Value Hierarchy Valuation Inputs

The following table presents information about the Company’s assets that are measured at fair value on a recurring basis at September 30, 2022 and December 31, 2021 and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value:

(in thousands)	Level		September 30, 2022		December 31, 2021
Liabilities:
Contingent Consideration		3	$	2,100	$	6,200
Warrant liability – 2021 Purchase Warrants		3	$	-	$	12,854
Warrant liability - 2022 Purchase Warrants		3	$	1,607	$	-
Warrant liability – 2022 Inducement Warrants		3	$	2,357	$	-

Schedule of Fair Value of Contingent Consideration

The following table provides a roll forward of the fair value of the contingent consideration:

(in thousands)
Balance at December 31, 2020	$	7,602
Change in fair value of contingent consideration		1,698
Balance at September 30, 2021	$	9,300
Balance at December 31, 2021	$	6,200
Change in fair value of contingent consideration		(4,100	)
Balance at September 30, 2022	$	2,100

Schedule of Changes in Fair Value Warrant Liabilities

The following table presents the changes in the warrant liability measured at fair value (in thousands):

(in thousands)
Fair value at December 31, 2021	$	12,854
Issuance of new warrants		13,217
Exercise of warrants		(6,840	)
Change in fair value of warrant liability		(15,267	)
Fair value at September 30, 2022	$	3,964