Fair Value Measurements (Tables)

3 Months Ended

Sep. 30, 2020

Fair Value Disclosures [Abstract]

Financial Assets Measured at Fair Value on a Recurring Basis

The following tables present information about our financial assets that have been measured at fair value on a recurring basis as of September 30, 2020 and December 31, 2019, and indicates the fair value hierarchy of the valuation inputs utilized to determine fair value (in thousands):

	Fair Value Measurements as of								Amortized Cost as of
	September 30, 2020								September 30, 2020
	Level 1		Level 2		Level 3		Total
Assets:
Cash and cash equivalents	$	13,245	$	—	$	—	$	13,245	$	13,245
Restricted cash equivalents	3,500		1,130		—		4,630		4,630
Total assets	$	16,745	$	1,130	$	—	$	17,875	$	17,875
Liabilities:
Accrued and other current liabilities
Napster acquisition contingent consideration	$	—	$	—	$	12,400	$	12,400	N/A
Other long-term liabilities
Simple Agreements for Future Equity	—		—		2,106		2,106		N/A
Total liabilities	$	—	$	—	$	14,506	$	14,506	N/A

	Fair Value Measurements as of								Amortized Cost as of
	December 31, 2019								December 31, 2019
	Level 1		Level 2		Level 3		Total
Assets:
Cash and cash equivalents:
Cash	$	8,472	$	—	$	—	$	8,472	$	8,472
Money market funds	—		—		—		—		—
Total cash and cash equivalents	8,472		—		—		8,472		8,472
Restricted cash equivalents	3,500		1,380		—		4,880		4,880
Total assets	$	11,972	$	1,380	$	—	$	13,352	$	13,352
Liabilities:
Accrued and other current liabilities
Napster acquisition contingent consideration	$	—	$	—	$	2,800	$	2,800	N/A
Other long-term liabilities
Napster acquisition contingent consideration	—		—		9,800		9,800		N/A
Total liabilities	$	—	$	—	$	12,600	$	12,600	N/A