Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Fair Value Measurements

v3.22.1
Fair Value Measurements
12 Months Ended
Dec. 31, 2021
Fair Value Disclosures [Abstract]  
FAIR VALUE MEASUREMENTS

NOTE 7:- 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.

 

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:

 

    December 31, 2021  
    Fair value measurements  
                         
Description   Fair value     Level 1     Level 2     Level 3  
                                 
Short-term investment   $ 237     $ 237     $
-
    $
-
 

  

    December 31, 2020  
    Fair value measurements  
                         
Description   Fair value     Level 1     Level 2     Level 3  
                                 
Short-term investment   $ 75     $ 75     $
-
    $
-