Annual report pursuant to Section 13 and 15(d)

Fair Value Measurements (Tables)

v3.20.1
Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2019
Fair Value Disclosures [Abstract]  
Summary of Financial Assets Measured at Fair Value on a Recurring Basis

The following table summarizes our financial assets measured at fair value on a recurring basis and classified under the appropriate level of the fair value hierarchy as described above (in thousands):

 

 

 

December 31, 2019

 

 

 

Total

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

Financial Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds

 

$

14,731

 

 

$

14,731

 

 

 

 

 

 

$

 

U.S. Treasury securities

 

 

5,285

 

 

 

5,285

 

 

 

 

 

 

 

 

Commercial paper

 

 

15,186

 

 

 

 

 

 

 

15,186

 

 

 

 

Corporate debt securities

 

 

17,171

 

 

 

 

 

 

 

17,171

 

 

 

 

U.S. agency bonds

 

 

25,613

 

 

 

 

 

 

 

25,613

 

 

 

 

Total

 

$

77,986

 

 

$

20,016

 

 

$

57,970

 

 

$

 

 

 

 

December 31, 2018

 

 

 

Total

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

Financial Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds

 

$

23,156

 

 

$

23,156

 

 

$

 

 

$

 

U.S. Treasury securities

 

 

25,692

 

 

 

25,692

 

 

 

 

 

 

 

Commercial paper

 

 

19,190

 

 

 

 

 

 

19,190

 

 

 

 

Corporate debt securities

 

 

20,451

 

 

 

 

 

 

20,451

 

 

 

 

U.S. agency bonds

 

 

17,917

 

 

 

 

 

 

17,917

 

 

 

 

Total

 

$

106,406

 

 

$

48,848

 

 

$

57,558

 

 

$

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