Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 Amendments

Fair Value Measurements

v3.20.1
Fair Value Measurements
12 Months Ended
Dec. 31, 2019
Fair Value Disclosures [Abstract]  
FAIR VALUE MEASUREMENTS

NOTE 8:- FAIR VALUE MEASUREMENTS

 

In accordance with ASC 820 "Fair Value Measurements and Disclosures", the Company measures its short-term investment at fair value. Short-term investments are classified within Level 1 as the valuation inputs are valuations based on quoted prices in active markets for identical assets that the Company has the ability to access.

 

The Company's financial assets and liabilities measured at fair value on a recurring basis, consisted of the following types of instruments as of the following dates: instruments as of the following dates:

 

    December 31, 2019  
    Fair value measurements  
Description   Fair value     Level 1     Level 2     Level 3  
                       
Short-term investment   $ 64     $ 64     $ -     $ -  
                                 
Total financial assets   $ 64     $ 64     $ -     $ -  

 

    December 31, 2018  
    Fair value measurements  
Description   Fair value     Level 1     Level 2     Level 3  
                       
Short-term investment   $ 273     $ 273     $ -     $ -  
                                 
Total financial assets   $ 273     $ 273     $ -     $ -