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Fair Value of Financial Instruments (Tables)
9 Months Ended
Sep. 30, 2012
Fair Value of Financial Instruments  
Schedule of assets and liabilities measured at fair value on a recurring basis

As of December 31, 2011
(in thousands)

 

Level 1

 

Level 2

 

Level 3

 

Assets:

 

 

 

 

 

 

 

Cash equivalents — money market funds

 

$

35,076

 

$

 

$

 

Liabilities:

 

 

 

 

 

 

 

Convertible preferred stock warrants

 

 

 

1,516

 

 

As of September 30, 2012
(in thousands)

 

Level 1

 

Level 2

 

Level 3

 

Assets:

 

 

 

 

 

 

 

Cash equivalents — money market funds

 

$

25,197

 

$

 

 

$

 

 

Investments — U.S. government agencies securities

 

 

 

1,000

 

 

 

Investments — corporate debt securities

 

 

 

57,759

 

 

 

Schedule of fair value of convertible preferred stock warrants categorized as Level 3 instruments

 

(in thousands)

 

Convertible
preferred
stock warrants

 

Balance, December 31, 2011

 

$

1,516

 

Unrealized gain included in other income (expense)

 

(587

)

Reclassification to common stock warrants

 

(929

)

Balance, September 30, 2012

 

$