Annual report pursuant to Section 13 and 15(d)

FAIR VALUE MEASUREMENTS (Tables)

v3.7.0.1
FAIR VALUE MEASUREMENTS (Tables)
12 Months Ended
Dec. 31, 2016
Fair Value Disclosures [Abstract]  
Schedule of financial assets measured at fair value on a recurring basis

The following table summarizes the Company’s financial assets measured at fair value on a recurring basis as of December 31, 2016 (in thousands):

 

Description  

December 31,

2016

   

Quoted Prices in

Active Markets

(Level 1)

   

Significant Other

Observable Inputs

(Level 2)

 
Assets:                        
Cash equivalents   $ 10,006     $ 10,006     $  
Marketable securities – available for sale     7,180       5,926       1,254  
                         
Total assets   $ 17,186     $ 15,932     $ 1,254  

 

The following table summarizes the Company’s financial assets measured at fair value on a recurring basis as of December 31, 2015 (in thousands):

 

Description  

December 31,

2015

   

Quoted Prices in

Active Markets

(Level 1)

   

Significant Other

Observable Inputs

(Level 2)

 
Assets:                        
Cash equivalents   $ 7,649     $ 7,649     $  
Marketable securities – available for sale     23,841       13,920       9,921  
                         
Total assets   $ 31,490     $ 21,569     $ 9,921