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Fair Value Measurements (Tables)
9 Months Ended
Sep. 30, 2016
Fair Value Disclosures [Abstract]  
Summary of Assets Measured at Fair Value on Recurring Basis

The following tables present the balances of assets measured at fair value on a recurring basis, by level within the fair value hierarchy, as of the date presented (in thousands), all such balances as of December 31, 2015 were $0:

 

 

 

September 30, 2016

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

Cash equivalents:

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds

 

$

35,883

 

 

$

 

 

$

 

Short-term investments:

 

 

 

 

 

 

 

 

 

 

 

 

U.S. government agency securities

 

 

 

 

 

5,006

 

 

 

 

Corporate notes and bonds

 

 

 

 

 

9,057

 

 

 

 

Total assets measured at fair value

 

$

35,883

 

 

$

14,063

 

 

$

 

 

Summary of Liabilities Measured at Fair Value on Recurring Basis

The following tables present the balances of liabilities measured at fair value on a recurring basis, by level within the fair value hierarchy, as of the date presented (in thousands), all such balances as of September 30, 2016 were $0:

 

 

 

December 31, 2015

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

Convertible preferred stock warrants

 

$

 

 

$

 

 

$

2,865

 

Total liabilities measured at fair value

 

$

 

 

$

 

 

$

2,865

 

 

Roll-Forward of Fair Value of Preferred Stock Warrant Liabilities Categorized as Level 3

The following table provides a roll-forward of the fair value of the preferred stock warrant liabilities categorized as Level 3 for the nine months ended September 30, 2016 (in thousands):

 

Balance at December 31, 2015

 

 

2,865

 

Remeasurement of convertible preferred stock warrants

 

 

(559

)

Exercise of preferred stock warrants

 

 

(2,306

)

Balance at September 30, 2016

 

$