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

Fair Value Measurements

v3.23.2
Fair Value Measurements
6 Months Ended
Jun. 30, 2023
Fair Value Measurements [Abstract]  
FAIR VALUE MEASUREMENTS
NOTE 5:- 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 short-term investment consists of an equity investment in a publicly traded company.

 

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:

 

    June 30, 2023  
    Fair value measurements  
Description   Fair value     Level 1     Level 2     Level 3  
                       
Short-term equity investment   $ 11     $ 11     $
-
    $
-
 

 

    December 31, 2022  
    Fair value measurements  
Description   Fair value     Level 1     Level 2     Level 3  
                       
Short-term equity investment   $ 8     $ 8     $
-
    $
-