Quarterly report pursuant to Section 13 or 15(d)

FAIR VALUE OF FINANCIAL ASSETS AND LIABILITIES (Tables)

v3.21.2
FAIR VALUE OF FINANCIAL ASSETS AND LIABILITIES (Tables)
 6 Months Ended
Jun. 30, 2021
Fair Value Disclosures [Abstract]  
SCHEDULE OF ASSETS AND LIABILITIES MEASURED AT FAIR VALUE ON RECURRING BASIS

The following tables present information about the Company’s financial assets and liabilities measured at fair value on a recurring basis and indicate the level of the fair value hierarchy utilized to determine such fair values as of June 30, 2021 (in thousands): 

 

    Level 1     Level 2     Level 3     Total  
                         
Assets:                                
Cash Equivalents:                                
Money market funds   $ 27,222     $ -     $ -     $ 27,222  
Short term deposits     5,000       -       -       5,000  
Marketable Securities:                                
Commercial paper     -       25,571       -       25,571  
Corporate debt securities     -       33,363       -       33,363  
ABS     -       11,437       -       11,437  
    $ 32,222     $ 70,371     $ -     $ 102,593  
                                 
Liabilities:                                
Derivative liabilities   $ -     $ -     $ 599     $ 599  

 

 

The following tables present information about the Company’s financial assets and liabilities measured at fair value on a recurring basis and indicate the level of the fair value hierarchy utilized to determine such fair values as of December 31, 2020 (in thousands):

 

    Level 1     Level 2     Level 3     Total  
                         
Assets:                                
Cash Equivalents:                                
Money Market funds   $ 84,195     $ -     $ -     $ 84,195  
    $ 84,195     $ -     $ -     $ 84,195  
                                 
Liabilities                                
Derivative Liabilities   $ -     $ -     $ 797     $ 797