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Fair Value Measurements (Tables)
9 Months Ended
Sep. 30, 2020
Fair Value Disclosures [Abstract]  
Schedule of Assets Measured at Fair Value on Recurring Basis

Assets measured at fair value on a recurring basis were as follows:

 

Description

 

September 30,

2020

 

 

Quoted Prices

(Unadjusted) in

Active Markets

for Identical

Assets

(Level 1)

 

 

Significant Other

Observable

Inputs

(Level 2)

 

 

Significant

Unobservable

Inputs

(Level 3)

 

 

 

(in thousands)

 

Cash equivalents:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Money market mutual funds

 

$

177,753

 

 

$

177,753

 

 

$

 

 

$

 

Total cash equivalents

 

$

177,753

 

 

$

177,753

 

 

$

 

 

$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Description

 

December 31,

2019

 

 

Quoted Prices

(Unadjusted) in

Active Markets

for Identical

Assets

(Level 1)

 

 

Significant Other

Observable

Inputs

(Level 2)

 

 

Significant

Unobservable

Inputs

(Level 3)

 

 

 

(in thousands)

 

Cash equivalents:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Money market mutual funds

 

$

39,524

 

 

$

39,524

 

 

$

 

 

$

 

Repurchase agreements

 

 

14,000

 

 

 

 

 

 

14,000

 

 

 

 

Total cash equivalents

 

$

53,524

 

 

$

39,524

 

 

$

14,000

 

 

$

 

Short-term investments:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset-backed securities

 

$

14,876

 

 

$

 

 

$

14,876

 

 

$

 

Commercial paper

 

 

41,259

 

 

 

 

 

 

41,259

 

 

 

 

U.S. Treasury securities

 

 

59,971

 

 

 

 

 

 

59,971

 

 

 

 

Corporate debt securities

 

 

92,508

 

 

 

 

 

 

92,508

 

 

 

 

Total short-term investments

 

$

208,614

 

 

$

 

 

$

208,614

 

 

$

 

Total financial assets

 

$

262,138

 

 

$

39,524

 

 

$

222,614

 

 

$