Quarterly report pursuant to Section 13 or 15(d)

FAIR VALUE MEASUREMENTS (Tables)

v3.20.2
FAIR VALUE MEASUREMENTS (Tables)
 6 Months Ended
Jun. 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 June 30, 2020 and December 31, 2019 are summarized below:

 

Description   June 30, 2020     Level 1     Level 2     Level 3  
Recurring                                
Assets:                                
Short-term investments   $ 93,337,000     $          -     $ 93,337,000     $ -  
                                 
Non-recurring                                
Assets:                                
Licensed technology, net   $ 1,924,000     $ -     $ -     $ 1,924,000  
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