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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
6 Months Ended
Jun. 30, 2022
Accounting Policies [Abstract]  
The following table presents the Company’s financial instruments that are measured and recorded at fair value on the Company’s balance sheets on a recurring basis, and their level within the fair value hierarchy as of December 31, 2021 and June 30, 2022.

The following table presents the Company’s financial instruments that are measured and recorded at fair value on the Company’s balance sheets on a recurring basis, and their level within the fair value hierarchy as of December 31, 2021 and June 30, 2022.

 

Amounts in Thousands ('000)            
   Short Term Investment   Equity Investment   Derivative Liability 
   (Level 1)   (Level 3)   (Level 3) 
             
Balance as of December 31, 2021  $88    10,964    (71)
                
Realized loss on fair value recognized in other (expense)/income   -    (10,964)   - 
                
Unrealized gain on fair value recognized in other (expense)/income   6    -    - 
                
Realized gain on fair value recognized in share based compensation   -    -    71 
                
Balance at June 30, 2022  $94   $-   $-