NOTE 5: FAIR VALUE MEASUREMENTS
In accordance with ASC 820, the Company measures its cash equivalents and marketable securities at fair value using the market approach valuation technique. Cash equivalents and marketable securities are classified within Level 1 or Level 2 because these assets are valued using quoted market prices or alternative pricing sources and models utilizing market observable inputs. Foreign currency derivative contracts are classified within the Level 2 value hierarchy, as the valuation inputs are based on quoted prices and market observable data of similar instruments.

Fair Value Measurements As Of
DescriptionFair Value HierarchyDecember 31, 2024December 31, 2023
Measured at fair value on a recurring basis:
Assets:
Cash equivalents:
Money market fundsLevel 1$12,212 $18,745 
Short-term marketable securities:
Corporate bondsLevel 2$27,309 $6,989 
U.S. TreasuryLevel 2$16,956 $8,812 
Commercial paperLevel 2$1,941 $8,850 
Agency bondsLevel 2$2,069 $8,041 
Long-term marketable securities:
Corporate bondsLevel 2$2,423 $2,958 
U.S. TreasuryLevel 2$956 $2,886 
Prepaid expenses and other current assets:
Restricted bank depositsLevel 2$3,507 $3,397 
Options and forward contracts designated as hedging instruments  Level 2$960 $998 
Other assets, noncurrent:
Restricted bank depositLevel 2$1,020 $1,025 
Liabilities:
Derivative instruments liability included in accrued expenses and other current liabilities:
Options and forward contracts designated as hedging instruments  Level 2$24 $— 
Free Sentinel

Want the next KALTURA INC fair value disclosure the moment it drops?

Set a Sentinel and we'll alert you the moment KALTURA INC's next filing hits EDGAR. No credit card, your email never gets sold.

Track for free

About Fair Value Disclosures

Fair value disclosures classify all assets and liabilities measured at fair value into a three-level hierarchy: Level 1 (quoted market prices), Level 2 (observable inputs like yield curves), and Level 3 (unobservable inputs requiring management estimates). The proportion of Level 3 assets directly reflects how much of the balance sheet depends on internal models rather than market evidence.

Key signals: a growing Level 3 balance relative to total fair-value assets increases valuation uncertainty and earnings volatility risk. Watch for transfers between levels — assets moving from Level 2 to Level 3 often signal deteriorating market liquidity. Unrealized gains and losses on Level 3 positions flow through earnings or other comprehensive income, so large swings deserve scrutiny. For financial institutions, examine the sensitivity disclosures that show how Level 3 valuations change under alternative assumptions. Compare the fair value of debt against its carrying amount to gauge hidden leverage.