Annual report [Section 13 and 15(d), not S-K Item 405]

FAIR VALUE MEASUREMENTS

v3.25.1
FAIR VALUE MEASUREMENTS
12 Months Ended
Dec. 31, 2024
FAIR VALUE MEASUREMENTS  
FAIR VALUE MEASUREMENTS

NOTE 6: FAIR VALUE MEASUREMENTS

Financial assets and liabilities measured at fair value on a recurring basis are summarized below:

    

 December 31, 2024

($’s in thousands)

    

Level 1

    

Level 2

    

Level 3

    

Total

Assets

  

  

  

  

Cash and cash equivalents

$

20,305

$

20,305

Total

$

20,305

$

$

$

20,305

December 31, 2023

($’s in thousands)

    

Level 1

    

Level 2

    

Level 3

    

Total

Assets

Cash and cash equivalents

$

27,439

$

$

$

27,439

Total

$

27,439

$

$

$

27,439

The Company did not carry any level 2 or level 3 assets or liabilities at December 31, 2024 or December 31, 2023. No transfers occurred between level 1, level 2, and level 3 instruments during December 31, 2024 and 2023.