Annual report pursuant to Section 13 and 15(d)

FAIR VALUE OF FINANCIAL ASSETS AND LIABILITIES (Tables)

FAIR VALUE OF FINANCIAL ASSETS AND LIABILITIES (Tables)

12 Months Ended

Dec. 31, 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 December 31, 2022 (in thousands):


	Level 1	Level 2	Level 3	Total

Assets:
Cash Equivalents:
Money market funds	$8,471	$—	$—	$8,471
Commercial paper	—	1,495	—	1,495
Corporate debt securities	—	3,232	—	3,232
Investments:
Commercial paper	—	12,174	—	12,174
Corporate debt securities	—	30,020	—	30,020
	$8,471	$46,921	$—	$55,392

Liabilities:
Derivative liabilities	$—	$—	$37	$37


	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