Quarterly report pursuant to Section 13 or 15(d)

Fair Value of Financial Instruments (Tables)

v3.22.1
Fair Value of Financial Instruments (Tables)
3 Months Ended
Mar. 31, 2022
Fair Value Disclosures [Abstract]  
Schedule of Fair Value of Assets
The Company's assets measured at fair value consisted of the following at March 31, 2022 and December 31, 2021:
Fair Value at March 31, 2022
Total Level 1 Level 2 Level 3
Assets:
Short-term investments $ 15,035  $ 15,035  $ —  $ — 
Investments in equity securities 335  —  —  335 
Total assets $ 15,370  $ 15,035  $ —  $ 335 
Fair Value at December 31, 2021
Total Level 1 Level 2 Level 3
Assets:
Short-term investments $ 43,125  $ 43,125  $ —  $ — 
Investments in equity securities 1,838  —  —  1,838 
Total assets $ 44,963  $ 43,125  $ —  $ 1,838 
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 Three Months Ended March 31, 2022:

Level 3
Level 3 Investments
Balance at beginning of period $ 1,838 
Unrealized loss on equity securities (1,503)
Balance at end of period $ 335