Quarterly report pursuant to Section 13 or 15(d)

FAIR VALUE MEASUREMENTS (Tables)

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FAIR VALUE MEASUREMENTS (Tables)
 3 Months Ended
Mar. 31, 2017
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 March 31, 2017 and December 31, 2016 (in thousands):

 

Description   March 31,
2017		     Quoted Prices in
Active Markets
(Level 1)		  
Assets:                
Cash equivalents   $ 14,749     $ 14,749  
Marketable securities – available for sale     2,480       2,480  
                 
Total assets   $ 17,229     $ 17,229  

 

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