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Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2019
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis
The following table sets forth the Company’s assets and liabilities that were measured at fair value as of June 30, 2019 and December 31, 2018 by level within the fair value hierarchy (in thousands):
 
 
As of June 30, 2019
(unaudited)
 
As of December 31, 2018
 
Level I
 
Level
II
 
Level III
 
Fair
Value
 
Level I
 
Level
II
 
Level III
 
Fair
Value
Financial assets:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash equivalents:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Money market funds
11,080

 

 

 
11,080

 
2,594

 

 

 
2,594

Marketable securities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
US Treasury securities
35,845

 

 

 
35,845

 
39,770

 

 

 
39,770

Other current assets:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Forward foreign exchange contracts

 
228

 

 
228

 

 

 

 

Financial liabilities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Accrued expenses and other short term liabilities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Forward foreign exchange contracts

 

 

 

 

 
(3,647
)
 

 
(3,647
)
Total financial assets (liabilities)
$
46,925

 
$
228

 
$

 
$
47,153

 
$
42,364

 
$
(3,647
)
 
$

 
$
38,717