Quarterly report pursuant to Section 13 or 15(d)

FAIR VALUE MEASUREMENT

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FAIR VALUE MEASUREMENT
 6 Months Ended
Jun. 30, 2021
Fair Value Disclosures [Abstract]  
FAIR VALUE MEASUREMENT FAIR VALUE MEASUREMENT
The carrying values of the Company’s cash and cash equivalents, trade receivables and accounts payable approximate fair value due to their short maturities.
The following tables present the financial assets not measured at fair value on a recurring basis as of June 30, 2021 and December 31, 2020:
June 30, 2021
Carrying Value Estimated Fair Value Fair Value Hierarchy Financial Statement Line Item
Financial assets:
Notes receivable - current $ 2,320  $ 2,320  Level 3 Receivables
Notes receivable - non-current 3,091  3,091  Level 3 Other long-term assets
Total financial assets $ 5,411  $ 5,411 
December 31, 2020
Carrying Value Estimated Fair Value Fair Value Hierarchy Financial Statement Line Item
Financial assets:
Notes receivable - non-current $ 815  $ 815  Level 3 Other long-term assets
Total financial assets $ 815  $ 815 
The notes receivable are fixed-rate investments, are not traded and do not have observable market inputs, therefore, the fair value is estimated to be equal to the carrying value.
The following table presents the liabilities measured at fair value on a recurring basis, by input level, in the Consolidated Balance Sheets at June 30, 2021:
June 30, 2021
Level 1 Level 2 Level 3 Total
Financial liabilities:
Public Warrants $ 13,274  —  —  13,274 
Private Warrants —  7,070  —  7,070 
Total financial liabilities $ 13,274  $ 7,070  $ —  $ 20,344 
The Company did not have any liabilities similar to those above requiring fair value measurement at December 31, 2020.