Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Tables)

v3.19.3
Fair Value Measurements (Tables)
 9 Months Ended
Sep. 30, 2019
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, 2019 and December 31, 2018 are summarized below:

 

Description  

September 30,

2019

     Level 1     Level 2     Level 3     Total Gains/(Losses)  
Non-recurring                              
Assets:                                        
Licensed technology, net   $ 37,471,000     $    -     $    -     $ 37,471,000     $ (367,000 )
Goodwill     32,466,000       -       -       32,466,000       -  

 

Description  

December 31,

2018

     Level 1     Level 2     Level 3     Total Gains/(Losses)  
Recurring                              
Assets:                                        
Short-term investments   $ 66,218,000     $     -     $ 66,218,000     $ -     $              -  
                                         
Non-recurring                                        
Assets:                                        
Licensed technology, net   $ 43,042,000     $ -     $ -     $ 43,042,000     $ -  
Goodwill     32,466,000       -       -       32,466,000       -