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Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2019
Fair Value Disclosures [Abstract]  
Company's Available-for-Sale Securities by Level within Fair Value Hierarchy
The Company’s available-for-sale securities by level within the fair value hierarchy were as follows (in thousands):
As of June 30, 2019
Level 1
 
Level 2
 
Level 3
 
Total
Cash equivalents:
 
 
 
 
 
 
 
Money market fund
$
8,141

 
$

 
$

 
$
8,141

Short-term investments:
 
 
 
 
 
 
 
Corporate debt securities

 
73,292

 

 
73,292

U.S. government-related debt securities

 
27,380

 

 
27,380

Asset-backed securities

 
11,437

 

 
11,437

Total
$
8,141

 
$
112,109

 
$

 
$
120,250

 
 
 
 
 
 
 
 
As of December 31, 2018
Level 1
 
Level 2
 
Level 3
 
Total
Cash equivalents:
 
 
 
 
 
 
 
Money market fund
$
16,293

 
$

 
$

 
$
16,293

Short-term investments:
 
 
 
 
 
 
 
Corporate debt securities

 
47,279

 

 
47,279

U.S. government-related debt securities

 
14,961

 

 
14,961

Asset-backed securities

 
7,401

 

 
7,401

Total
$
16,293

 
$
69,641

 
$

 
$
85,934