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Fair Value of Financial Assets and Liabilities (Tables)
3 Months Ended
Mar. 31, 2020
Fair Value Disclosures [Abstract]  
Schedule of Assets and Liabilities Measured at Fair Value
The following tables present information about the Company’s financial assets and liabilities measured at fair value on a recurring basis and indicate the level of the fair value hierarchy used to determine such fair values:
Fair Value Measurements as of March 31, 2020 Using:
(in thousands)Level 1Level 2Level 3Total
Assets:
Cash equivalents—money market funds$48,770  $6,417  $—  $55,187  
$48,770  $6,417  $—  $55,187  
Liabilities:  None
Fair Value Measurements as of December 31, 2019 Using:
(in thousands)Level 1Level 2Level 3Total
Assets:
Cash equivalents—money market funds$23,638  $39,999  $—  $63,637  
$23,638  $39,999  $—  $63,637  
Liabilities: None