Company: PDEX
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0001079973-25-000729
Chunk: 4

Company: PRO DEX INC
Filing Date: 2025-05-01
Form: 10-Q
Item: Item 8
Chunk 4
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 that are observable for the asset
or liability such as quoted prices for similar assets or liabilities in active markets; quoted prices for identical assets or liabilities
in markets with insufficient transactions (less active markets); or model-derived valuations in which significant inputs are observable
or can be derived principally from, or corroborated by observable market data. At March 31, 2025 and June 30, 2024, we have categorized
our investments in marketable equity securities as Level 2 assets.

Level
3 – applies to assets or liabilities for which there are unobservable inputs to the valuation methodology that are significant
to the measurement of the fair value of the assets or liabilities. We held no Level 3 assets or liabilities at March 31, 2025 or June
30, 2024.

     Schedule of fair value, assets and liabilities 

    Fair
    Value Measurement at March 31, 2025 

    Level
    1  
    Level
    2  
    Level
    3  
    Level
    4 

    Financial Assets: 

        Cash equivalents 
    $33  
    $—  
    $—  
    $33 
  
        Marketable equity securities – short-term	 
     —  
     5,417  
     —  
     5,417 
  
        Marketable equity securities – long-term	 
     —  
     111  
     —  
     111 
  
     Total 
    $33  
    $5,528  
    $—  
    $5,561 

    8 
    PRO-DEX INC. AND SUBSIDIARYNOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS(UNAUDITED) 

    Fair
    Value Measurement at June 30, 2024 

    Level
    1  
    Level
    2  
    Level
    3  
    Level
    4 

    Financial Assets: 

        Cash equivalents 
    $45  
    $—  
    $—  
    $45 
  
        Marketable equity securities – short-term	 
     —  
     4,217  
     —  
     4,217 
  
        Marketable equity securities