FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)

12 Months Ended

Dec. 31, 2021

FAIR VALUE OF FINANCIAL INSTRUMENTS [Abstract]

Assets and Liabilities Measured at Fair Value on Recurring Basis

The following table summarizes the Company’s assets and liabilities that are measured at fair value on a recurring basis, by level, within the fair value hierarchy:

			Fair Value Measurement Level
	Total		Level 1		Level 2		Level 3
December 31, 2021:
Assets:
Mutual funds - Cash and cash equivalents	$	33,965	$	33,965	$	-	$	-
Mutual funds - Marketable securities		435,519		435,519		-		-
Total assets at fair value on a recurring basis	$	469,484	$	469,484	$	-	$	-
Liabilities:
Public Warrants	$	6,900	$	6,900	$	-	$	-
Private Warrants		339		-		-		339
Total liabilities at fair value on a recurring basis	$	7,239	$	6,900	$	-	$	339

			Fair Value Measurement Level
	Total		Level 1		Level 2		Level 3
December 31, 2020:
Assets:
Mutual funds - Cash and cash equivalents	$	36,040	$	36,040	$	-	$	-
Total assets at fair value on a recurring basis	$	36,040	$	36,040	$	-	$	-
Liabilities:
Notes payable	$	1,749	$	-	$	1,749	$	-
Total liabilities at fair value on a recurring basis	$	1,749	$	-	$	1,749	$	-