Annual report pursuant to Section 13 and 15(d)

FAIR VALUE MEASUREMENTS (Tables)

v3.21.1
FAIR VALUE MEASUREMENTS (Tables)
 12 Months Ended
Dec. 31, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis
The following table provides the fair value measurement hierarchy of the Company’s assets and liabilities, except for those assets and liabilities that are short term in nature and approximate the fair values, as of the periods presented:
Level 1
  
Level 2
  
Level 3
  
Total
As of December 31, 2020
Assets:
Investment – Lift & Co $ —  $ —  $ —  $ — 
Investment – Cansativa —  —  1,553  1,553 
Total Assets —  —  1,553  1,553 
Liabilities:
Loans and borrowings —  6,701  —  6,701 
Warrant liability —  —  19,061  19,061 
Convertible notes —  27,142  —  27,142 
Total Liabilities (Restated) (a)
$ —  $ 33,843  $ 19,061  $ 52,904 
As of December 31, 2019
Assets:
Investment – Lift & Co $ 319  $ 57  $ —  $ 376 
Investment – Cansativa —  —  1,701  1,701 
Total Assets $ 319  $ 57  $ 1,701  $ 2,077 
Liabilities:
Loans and borrowings $ —  $ 7,162  $ —  $ 7,162 
Convertible notes 26,566  $ 26,566 
Total Liabilities $ —  $ 33,728  $ —  $ 33,728 
(a) See Note 3. for information on the restatement adjustment as of December 31, 2020.