Company: INDP
Filing Date: 2025-02-12
Form Type: S-1
Source: 0001493152-25-006068
Chunk: 156

Company: Indaptus Therapeutics, Inc.
Filing Date: 2025-02-12
Form: S-1
Chunk 156
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 or liabilities.                                                                              |
| Level 
 2:    | Inputs                                                                                                                                     
 other than Level 1 prices for similar assets or liabilities that are directly or indirectly observable in the marketplace.                 |
| Level 
 3:    | Unobservable                                                                                                                               
 inputs which are supported by little or no market activity and values determined using pricing models, discounted cash flow methodologies, 
 or similar techniques, as well as instruments for which the determination of fair value requires significant judgment or estimation.       |

ASC 820, Fair Value Measurement, requires all entities to disclose the fair value of financial instruments, both assets and liabilities, for which it is practicable to estimate fair value, and defines the fair value of a financial instrument as the amount at which the instrument could be exchanged in a current transaction between willing parties. As of December 31, 2023, and 2022, the recorded values of cash and cash equivalents, prepaid expenses, and accounts payable and other current liabilities approximate their fair values due to the short-term nature of these items.

The following financial assets are measured and recorded at fair value on the Company’s consolidated balance sheet as of December 31, 2022. As of December 31, 2023, there were no such assets on the Company’s consolidated balance sheet.

SCHEDULE OF ASSETS AND LIABILITIES MEASURED AT FAIR VALUE MEASUREMENT

|                       |     | December 31, 2022 |            |     |         |   |     |         |            |     |         |   |
|:----------------------|:----|:------------------|-----------:|:----|:--------|:--|:----|:--------|-----------:|:----|:--------|:--|
|                       |     | Total             |            |     | Level 1 |   |     | Level 2 |            |     | Level 3 |   |
| Marketable securities |     | $                 | 16,806,009 |     | $       | - |     | $       | 16,806,009 |     | $       | - |
| Total                 |     | $                 | 16,806,009 |     | $       | - |     | $       | 16,806,009 |     | $       | - |

Segment information

Operating segments are defined as components of an entity for which discrete financial information is available that is regularly reviewed by the Chief Operating Decision Maker (“CODM”). The Company’s Chief Executive Officer