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Fair Value Measurements (Tables)
9 Months Ended
Sep. 30, 2018
Fair Value Disclosures [Abstract]  
Schedule of Assets and Liabilities Measured at Fair Value on a Recurring Basis

The following tables represent the fair value hierarchy for those assets and liabilities that the Company measures at fair value on a recurring basis (in thousands):

 

 

 

Fair Value Measurements at September 30, 2018 Using:

 

 

 

Total

 

 

Quoted Prices

in Active

Markets for

Identical Assets

(Level 1)

 

 

Significant

Other

Observable

Inputs

(Level 2)

 

 

Significant

Unobservable

Inputs

(Level 3)

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds

 

$

5,028

 

 

$

5,028

 

 

$

—

 

 

$

—

 

Short-term investments - commercial paper

 

 

45,064

 

 

 

—

 

 

 

45,064

 

 

 

—

 

Short-term investments - corporate notes

 

 

18,126

 

 

 

—

 

 

 

18,126

 

 

 

—

 

Short-term investments - U.S. government bonds

 

 

32,141

 

 

 

—

 

 

 

32,141

 

 

 

—

 

Investment

 

 

399

 

 

 

399

 

 

 

—

 

 

 

—

 

Total assets

 

$

100,758

 

 

$

5,427

 

 

$

95,331

 

 

$

—

 

 

 

 

Fair Value Measurements at December 31, 2017 Using:

 

 

 

Total

 

 

Quoted Prices

in Active

Markets for

Identical Assets

(Level 1)

 

 

Significant

Other

Observable

Inputs

(Level 2)

 

 

Significant

Unobservable

Inputs

(Level 3)

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds

 

$

13,804

 

 

$

13,804

 

 

$

—

 

 

$

—

 

Short-term investments - commercial paper

 

 

14,982

 

 

 

—

 

 

 

14,982

 

 

 

—

 

Short-term investments - corporate notes

 

 

2,824

 

 

 

—

 

 

 

2,824

 

 

 

—

 

Short-term investments - U.S. government bonds

 

 

5,006

 

 

 

—

 

 

 

5,006

 

 

 

—

 

Investment

 

 

328

 

 

 

328

 

 

 

—

 

 

 

—

 

Total assets

 

$

36,944

 

 

$

14,132

 

 

$

22,812

 

 

$

—