Quarterly report pursuant to Section 13 or 15(d)

FAIR VALUE MEASUREMENTS (Tables)

v3.21.2
FAIR VALUE MEASUREMENTS (Tables)
9 Months Ended
Sep. 30, 2021
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, 2021 and December 31, 2020 are summarized below:

 

Description  

September 30, 2021

    Level 1     Level 2     Level 3     Total Gains/(Losses)  
Recurring                                        
Assets:                                                                     
Short-term investments   $ 23,217,000     $ -     $ 23,217,000     $ -     $ -  
                                            
Non-recurring                                        
Assets:                                        
Licensed technology, net   $ 1,413,000     $ -     $ -     $ 1,413,000     $ -  
Goodwill     32,466,000       -       -       32,466,000       -  

 

Description  

December 31, 2020

    Level 1     Level 2     Level 3     Total Gains/(Losses)  
Recurring                                                                    
Assets:                                        
Short-term investments   $ 82,438,000     $ -     $ 82,438,000     $ -     $ -  
                                         
Non-recurring                                        
Assets:                                        
Licensed technology, net   $ 1,500,000     $ -     $ -     $ 1,500,000     $ (32,916,000 )
Goodwill     32,466,000       -       -       32,466,000       -