Quarterly report pursuant to Section 13 or 15(d)

Fair Value of Financial Instruments (Tables)

v3.21.2
Fair Value of Financial Instruments (Tables)
6 Months Ended
Jun. 30, 2021
Fair Value Disclosures [Abstract]  
Schedule of Fair Value of Assets
The Company's assets measured at fair value consisted of the following at June 30, 2021:
Fair Value at June 30, 2021
Total Level 1 Level 2 Level 3
Assets:
Short-term investments 45,303  —  45,303  — 
Investments in equity securities 29,940  —  —  29,940 
Total assets $ 75,243  $ —  $ 45,303  $ 29,940 
Schedule of Reconciliation of Assets for Level 3 Investments The following table is a reconciliation of assets for Level 3 investments for which significant unobservable inputs were used to determine fair value for the six months ended June 30, 2021:
Level 3
Level 3 Investments
Balance at beginning of period $ — 
Transfers in- Sysorex Securities Settlement Agreement
       Benefit (provision) for valuation allowance on related party loan - held for sale 7,461 
       Interest income (expense), net 1,627 
       Gain on related party loan held for sale 49,817 
Unrealized loss on equity securities (28,965)
Balance at end of period $ 29,940