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Fair Value Measurement
 12 Months Ended
Dec. 31, 2019
Fair Value Disclosures [Abstract]  
Fair Value Measurement
Fair Value Measurement
The following tables present information about the Company's assets that are measured at fair value on a recurring basis and indicate the level of the fair value hierarchy utilized to determine such fair values (in thousands):
 
 
 
Fair Value Measurements at December 31, 2019 Using
 
Total
 
Level 1
 
Level 2
 
Level 3
Cash equivalents:
 

 
 

 
 

 
 

Money market funds
$
29,075

 
$
29,075

 
$
—

 
$
—

 
$
29,075

 
$
29,075

 
$
—

 
$
—

 
 
 
Fair Value Measurements at December 31, 2018 Using
 
Total
 
Level 1
 
Level 2
 
Level 3
Cash equivalents:
 

 
 

 
 

 
 

Money market funds
$
53,188

 
$
53,188

 
$
—

 
$
—

Marketable securities:
 
 
 
 
 
 
 
Corporate debt securities
46,122

 
—

 
46,122

 
—

Commercial paper
4,489

 
—

 
4,489

 
—

 
$
103,799

 
$
53,188

 
$
50,611

 
$
—


There were no changes in valuation techniques or transfers between the fair value measurement levels during the years ended December 31, 2019 or 2018. There were no liabilities measured at fair value on a recurring basis as of December 31, 2019 or 2018.