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FAIR VALUE MEASUREMENTS

12 Months Ended

Dec. 31, 2022

Fair Value Disclosures [Abstract]

FAIR VALUE MEASUREMENTS

NOTE 4 - 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, 2022 and 2021:

		As of December 31, 2022
		Total				Level 1				Level 2				Level 3

Cash equivalents:
U.S. treasury securities		$	1,247			$	1,247			$	-			$	-

Marketable securities:
U.S. treasury securities		$	3,761			$	3,761			$	-			$	-
Money market mutual funds			1,999				1,999				-				-
		$	5,760			$	5,760			$	-			$	-

		As of December 31, 2021
		Total				Level 1				Level 2				Level 3

Cash equivalents:
Money market funds		$	- (*)			$	- (*)			$	-			$	-

Marketable securities:
Money market mutual funds		$	1,999			$	1,999			$	-			$	-

(*)

Reclassified

The Company’s financial assets are measured at fair value on a recurring basis by level within the fair value hierarchy. The Company’s 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, 2022 and 2021.