Fathom Holdings Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Tables)

Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2023

Schedule of financial assets that are measured at fair value on a recurring basis

The following are the major categories of assets and liabilities measured at fair value on a recurring basis as of March 31, 2023 (amounts in thousands):


	March 31, 2023
	Level 1		Level 2		Level 3		Total
Mortgage loans held for sale	$	—	$	4,619	$	—	$	4,619
Derivative assets (included in prepaids and other current assets)		—		—		34		34
Derivative liabilities (included in accrued and other current liabilties)		—		—		(61)		(61)
	$	—	$	4,619	$	(27)	$	4,592

The following are the major categories of assets and liabilities measured at fair value on a recurring basis as of December 31, 2022 (amounts in thousands):


	December 31, 2022
	Level 1		Level 2		Level 3		Total
Mortgage loans held for sale	$	—	$	3,694	$	—	$	3,694
Derivative assets (included in prepaids and other current assets)		—		—		7		7
	$	—	$	3,694	$	7	$	3,701

- Definition

Tabular disclosure of financial instruments measured at fair value, including those classified in shareholders' equity measured on a recurring or nonrecurring basis. Disclosures include, but are not limited to, fair value measurements recorded and the reasons for the measurements, level within the fair value hierarchy in which the fair value measurements are categorized and transfers between levels 1 and 2. Nonrecurring fair value measurements are those that are required or permitted in the statement of financial position in particular circumstances.

+ References + Details