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Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2021
Fair Value Disclosures [Abstract]  
Assets and Liabilities Carried at Fair Value Measured on Recurring Basis

The following tables summarize the Company’s assets carried at fair value measured on a recurring basis at June 30, 2021 and December 31, 2020 by valuation hierarchy (in thousands):

 

 

 

June 30, 2021

 

 

 

 

 

 

 

Quoted

prices in

 

 

Significant

other

 

 

Significant

 

 

 

Total

Carrying

 

 

active

markets

 

 

observable

inputs

 

 

unobservable

inputs

 

Description

 

Value

 

 

(Level 1)

 

 

(Level 2)

 

 

(Level 3)

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash equivalents

 

$

125,048

 

 

$

125,048

 

 

$

 

 

$

 

 

 

$

125,048

 

 

$

125,048

 

 

$

 

 

$

 

 

 

 

December 31, 2020

 

 

 

 

 

 

 

Quoted

prices in

 

 

Significant

other

 

 

Significant

 

 

 

Total

Carrying

 

 

active

markets

 

 

observable

inputs

 

 

unobservable

inputs

 

Description

 

Value

 

 

(Level 1)

 

 

(Level 2)

 

 

(Level 3)

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash equivalents

 

$

23,538

 

 

$

23,538

 

 

$

 

 

$

 

 

 

$

23,538

 

 

$

23,538

 

 

$

 

 

$