Quarterly report pursuant to Section 13 or 15(d)

FAIR VALUE OF FINANCIAL ASSETS AND LIABILITIES (Tables)

FAIR VALUE OF FINANCIAL ASSETS AND LIABILITIES (Tables)

9 Months Ended

Sep. 30, 2022

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 September 30, 2022 (in thousands):


	Level 1		Level 2		Level 3		Total

Assets:
Cash Equivalents:
Money market funds	$	8,638	$	—	$	—	$	8,638
Investments:
Commercial paper		—		17,405		—		17,405
Corporate debt securities		—		36,381		—		36,381
	$	8,638	$	53,786	$	—	$	62,424

Liabilities:
Derivative liabilities	$	—	$	—	$	134	$	134


	Level 1		Level 2		Level 3		Total

Assets:
Cash Equivalents:
Money Market funds	$	18,255	$	—	$	—	$	18,255
Investments:
Term deposits		16,752		—		—		16,752
Commercial paper		—		12,794		—		12,794
Corporate debt securities		—		32,864		—		32,864
Asset backed securities		—		10,231		—		10,231
	$	35,007	$	55,889	$	—	$	90,896

Liabilities:
Derivative liabilities	$	—	$	—	$	134	$	134