Quarterly report pursuant to Section 13 or 15(d)

FAIR VALUE MEASUREMENTS (Tables)

v3.20.2
FAIR VALUE MEASUREMENTS (Tables)
9 Months Ended
Sep. 30, 2020
Fair Value Disclosures [Abstract]  
SCHEDULE OF FAIR VALUE, ASSETS AND LIABILITIES MEASURED ON RECURRING AND NON-RECURRING BASIS

Financial assets and liabilities measured at fair value on a recurring and non-recurring basis as of September 30, 2020 and December 31, 2019 are summarized below:

 

Description  

September 30,

2020

    Level 1     Level 2     Level 3  
Recurring                                
Assets:                                
Short-term investments   $ 88,447,000     $ -     $ 88,447,000     $ -  
                                 
Non-recurring                                
Assets:                                
Licensed technology, net   $ 1,881,000     $ -     $ -     $ 1,881,000  
Goodwill     32,466,000       -       -       32,466,000  

 

Description  

December 31,

2019

    Level 1     Level 2     Level 3  
Non-recurring                                
Assets:                                
Licensed technology, net   $ 36,178,000     $ -     $ -     $ 36,178,000  
Goodwill     32,466,000       -       -       32,466,000