Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Tables)

v3.20.1
Fair Value Measurements (Tables)
 3 Months Ended
Mar. 31, 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 March 31, 2020 and December 31, 2019 are summarized below:

 

Description   March 31, 2020     Level 1     Level 2     Level 3  
Recurring                                
Assets:                                
Short-term investments   $ 75,887,000     $      -     $ 75,887,000     $ -  
                                 
Non-recurring                                
Assets:                                
Licensed technology, net   $ 1,968,000     $ -     $ -     $ 1,968,000  
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