Fair Value Measurement (Tables)

9 Months Ended

Sep. 30, 2020

Fair Value Disclosures [Abstract]

Schedule of Assets Measured at Fair Value on Recurring and Non-recurring Basis

The following tables present information about the Company’s assets that are measured at fair value on a recurring basis as of September 30, 2020 and December 31, 2019 and indicates the fair value hierarchy of the valuation techniques the Company utilized to determine such fair value:

	Quoted prices
	in active
	markets for		Other		Significant
	identical		observable		unobservable
	assets		inputs		inputs
	(Level 1)		(Level 2)		(Level 3)			Total
As of September 30, 2020
Investments
Equity investments measured at fair value	$	2,207	$	—	$	—		$	2,207
Debt securities classified as available-for-sale		844		—		4,921			5,765
Warrant liability		—		—		(71,636	)		(71,636	)
Total recurring fair value measurements	$	3,051	$	—	$	(66,715	)	$	(63,664	)

	Quoted prices
	in active
	markets for		Other		Significant
	identical		observable		unobservable
	assets		inputs		inputs
	(Level 1)		(Level 2)		(Level 3)			Total
As of December 31, 2019
Investments
Equity investments measured at fair value	$	4,183	$	—	$	—		$	4,183
Debt securities classified as available-for-sale		727		—		4,320			5,047
Acquisition-related contingent consideration		—		—		(420	)		(420	)
Total recurring fair value measurements	$	4,910	$	—	$	3,900		$	8,810

Schedule of Opening Balances of Assets and Liabilities Categorized Within Level 3 of Fair Value Hierarchy Measured at Fair Value on Recurring Basis are Reconciled to Closing Balances

The opening balances of assets and liabilities categorized within Level 3 of the fair value hierarchy measured at fair value on a recurring basis are reconciled to the closing balances as follows:

	Debt securities classified as available-for- sale		Warrant liability
Opening balance as at December 31, 2019	$	4,320	$	—
Additions and settlements
Additions		—		(69,414	)
Exercise		—		49,053
Total gains or losses for the period:		—		—
Included in net loss		—		—
Interest expenses, net		601		—
Change in fair value of warrant liability		—		(51,275	)
Impairment of assets		—		—
Foreign currency translation loss, net		—		—
Closing balance as at September 30, 2020	$	4,921	$	(71,636	)

Schedule of Estimated Fair Value of Warrant Liability

	Quantitative information about Level 3 fair value measurements
	Fair value at September 30, 2020			Valuation technique	Unobservable input	Range (weighted average)
					Discount rate	16.5%
Debt securities classified as available-for-sale	$	4,921		Discounted cash flow	Probability of conversion/ prepayment	nil
					Probability of default	nil
Warrant liability	$	(71,636	)	Monte Carlo	Volatility	100%
					Expected life	0.2 years to 5 years (2.4 years)