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FAIR VALUE MEASUREMENTS
 12 Months Ended
Dec. 31, 2023
Fair Value Disclosures [Abstract]  
FAIR VALUE MEASUREMENTS

NOTE 4 - FAIR VALUE MEASUREMENTS

 

The following table summarizes the Company’s financial assets subject to fair value measurement and the level of inputs used in such measurements as of December 31, 2023 and 2022:

 SCHEDULE OF FAIR VALUE MEASUREMENT INPUTS AND VALUATION TECHNIQUES

   As of December 31, 2023 
   Total   Level 1   Level 2   Level 3 
                 
Marketable securities:                    
U.S. treasury securities  $2,497   $2,497   $-   $- 
Money market mutual funds   1,420    1,420    -    - 
  $3,917   $3,917   $-   $- 

 

   As of December 31, 2022 
   Total   Level 1   Level 2   Level 3 
                 
Cash equivalents:                    
U.S. treasury securities  $1,247   $1,247   $-   $- 
                     
Marketable securities:                   
U.S. treasury securities  $3,761   $3,761   $-   $- 
Money market mutual funds   1,999    1,999    -    - 
  $5,760   $5,760   $-   $- 

 

The Company’s financial assets are measured at fair value on a recurring basis by level within the fair value hierarchy. The Company’s securities and money market funds are classified as Level 1. Other than that, the Company doesn’t have any other financial assets or financial liabilities marked to market at fair value as of December 31, 2023 and 2022.