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Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2020
Fair Value Measurements  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

 

The following table summarizes the financial instruments measured at fair value on a recurring basis in the unaudited interim condensed consolidated balance sheets (in thousands) at December 31, 2019:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

 

 

    

Quoted Prices

    

Significant

    

Significant

 

 

 

 

 

 

in Active

 

Other

 

Other

 

 

 

 

 

 

Markets for 

 

Observable

 

Unobservable

 

 

 

 

 

 

Identical Items

 

Inputs

 

Inputs

 

 

 

Total

 

(Level 1)

 

(Level 2)

 

(Level 3)

 

Common stock warrant liability

 

$

(2,126)

 

$

 —

 

$

 —

 

$

(2,126)

 

 

Assumptions used to calculate common stock warrants

 

 

 

Three months ended 

 

March 31, 2019

Risk-free interest rate

2.51%

Volatility

74.93%

Expected average term

0.53