Annual report pursuant to Section 13 and 15(d)

Fair Value Measurement (Tables)

v3.22.2.2
Fair Value Measurement (Tables)
12 Months Ended
Jun. 30, 2022
Fair Value Disclosures [Abstract]  
Schedule of liabilities measured at fair value
    Fair value
at June 30,
2022
    Level 1     Level 2     Level 3  
Contingent consideration   $ 1,446     $
    $
    $ 1,446  
Derivative liabilities     3,028      
     
      3,028  
Total fair value   $ 4,474     $
    $     $ 4,474  

 

Schedule of fair value of level 3 contingent consideration
Contingent consideration   June 30,
2022
 
Beginning balance   $
 
Initial fair value of contingent consideration     1,099  
Change in fair value of contingent consideration     347  
Ending balance   $ 1,446  

 

Schedule of fair value of the contingent consideration liabilities
    June 30,
2022
    October 15,
2021
 
Discount Rate     14.3% – 14.5 %     9.9% – 10.2 %
Revenue volatility     30 %     30 %
Risk free interest rate     1.71% – 3.04 %     0.07% – 0.47 %
Remaining term (years)     1.29 – 2.29       0.59 – 1.58  

 

Schedule of development and determination of the unobservable inputs for Level 3 fair value measurements
Fair Value of Embedded Derivatives   June 30,
2022
 
Beginning balance   $
 
Initial fair value of make whole provision in convertible note     2,647  
Initial fair value of change in control provision in convertible note     333  
Change in fair value of convertible note derivatives     48  
Ending balance   $ 3,028  

 

Schedule of fair value of the embedded derivatives in our convertible notes
    June 30,
2022
    June 09,
2022
 
Stock Price   $ 3.70     $ 4.08  
Volatility of stock price     70 %     70 %
Risk free interest rate     3.01 %     3.07 %
Debt yield     41.5 %     40.0 %
Remaining term (years)     5.0       5.0