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Fair Value Measurements (Tables)
9 Months Ended
Sep. 30, 2017
Fair Value Measurements  
Summary of major categories of financial assets and financial liabilities measured at fair value on a recurring basis

The following fair value hierarchy table presents information about each major category of our financial assets and liabilities measured at fair value on a recurring basis (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

Level 1

    

Level 2

    

Level 3

    

Total

 

September 30, 2017

 

 

 

 

 

 

 

 

 

 

 

 

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds (cash equivalents)

 

$

37,171

 

$

 

$

 

$

37,171

 

Certificates of deposit

 

 

496

 

 

 

 

 

 

496

 

U.S. Treasury securities

 

 

 

 

24,877

 

 

 

 

24,877

 

Total assets

 

$

37,667

 

$

24,877

 

$

 —

 

$

62,544

 

December 31, 2016

 

 

 

 

 

 

 

 

 

 

 

 

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds (cash equivalents)

 

$

25,629

 

$

 

$

 

$

25,629

 

Certificates of deposit

 

 

3,922

 

 

 

 

 

 

3,922

 

Total assets

 

$

29,551

 

$

 —

 

$

 —

 

$

29,551