Quarterly report pursuant to Section 13 or 15(d)

Fair Value Disclosures (Tables)

v3.23.1
Fair Value Disclosures (Tables)
3 Months Ended
Mar. 31, 2023
Fair Value Disclosures [Abstract]  
Schedule of liabilities measured on recurring basis The following table provides information for liabilities measured at fair value on a recurring basis using Level 3 inputs:
March 31, 2023 December 31, 2022
Contingent Consideration:
Current 313,299  322,385 
Non-current 3,527,187  3,309,175 
Total Contingent Consideration $ 3,840,486  $ 3,631,560 
Schedule of unobservable Level 3 inputs After the initial valuation, the Company generally uses its best estimate to measure contingent consideration at each subsequent reporting period using the following unobservable Level 3 inputs:
Valuation Technique Unobservable Inputs March 31, 2023 December 31, 2022
Discounted cash flow Payment discount rate 13.4% 14.7%
Bayon Payment period 2023 - 2028 2023 - 2028
Panoptes Payment period 2024 - 2028 2024 - 2028
Jade Payment period 2026 2026
Bayon Probability of success for payment
17% - 67%
17% - 67%
Panoptes Probability of success for payment
17% - 36%
17% - 36%
Jade Probability of success for payment 56% 56%