Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2019

Fair Value Measurements

Schedule of fair value of financial assets

The following table presents the fair value of the Company’s financial assets determined using the inputs defined above (in thousands).

	September 30, 2019
	Level 1		Level 2		Level 3		Total
Assets:
Money market funds	$	16,381	$	—	$	—	$	16,381
Corporate bonds		—		28,105		—		28,105
Commercial paper		—		40,865		—		40,865
Government bonds		—		46,596		—		46,596
Total financial assets	$	16,381	$	115,566	$	—	$	131,947

	December 31, 2018
	Level 1		Level 2		Level 3		Total
Assets:
Money market funds	$	25,390	$	—	$	—	$	25,390
Corporate bonds		—		8,989		—		8,989
Commercial paper		—		59,730		—		59,730
Government bonds		—		33,394		—		33,394
Total financial assets	$	25,390	$	102,113	$	—	$	127,503