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FAIR VALUE MEASUREMENTS
 12 Months Ended
Dec. 31, 2021
Fair Value Disclosures [Abstract]  
FAIR VALUE MEASUREMENTS

NOTE 3 - FAIR VALUE MEASUREMENTS

 

Fair value measurement

 

The following table summarizes the Company’s financial assets subject to fair value measurement and the level of inputs used in such measurements as of December 31, 2021 and 2020:

 

   As of December 31, 2021 
   Total   Level 1   Level 2   Level 3 
Assets:                
Cash equivalents:                    
Money market funds  $8,587   $8,587   $-   $- 
                     
Marketable securities:                    
Other money market funds  $1,999   $1,999   $-   $- 

 

   As of December 31, 2020 
   Total   Level 1   Level 2   Level 3 
Assets:                
Cash equivalents:                    
Money market funds  $8,585   $8,585   $-   $- 
                     
Marketable securities:                    
Other money market funds  $2,000   $2,000   $-   $- 
US Treasury Bond   2,998    2,998    -    - 
Total marketable securities  $4,998   $4,998   $-   $- 
                     
Other assets:                    
Convertible loan investment  $270   $-   $-   $270 

 

The Company’s financial assets are measured at fair value on a recurring basis by level within the fair value hierarchy. The Company’s marketable securities and money market funds are classified as Level 1. Other than that, the Company doesn’t have any other financial assets or financial liabilities marked to market at fair value as of December 31, 2021 and 2020.

 

The contractual maturity of the marketable security is one year.