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Fair value (Tables)
3 Months Ended
Mar. 31, 2021
Fair Value Disclosures [Abstract]  
Summary of fair value of the financial instruments that are measured at fair value on a recurring basis

The following tables present the fair value of the Company’s financial instruments that are measured or disclosed at fair value on a recurring basis:

 

 

 

Fair Value Measurements

as of March 31, 2021

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

Cash equivalents

 

 

200,362

 

 

 

-

 

 

 

-

 

U.S. Treasury bonds

 

 

13,053

 

 

 

-

 

 

 

-

 

 

 

$

213,415

 

 

$

-

 

 

$

-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fair Value Measurements

as of December 31, 2020

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

Cash equivalents

 

$

220,383

 

 

$

-

 

 

$

-

 

U.S. Treasury bonds

 

 

23,144

 

 

 

-

 

 

 

-

 

 

 

$

243,527

 

 

$

-

 

 

$

-