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