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Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2020
Fair Value Disclosures [Abstract]  
Fair Value, Liabilities Measured on Recurring Basis The following table presents information about the Company’s financial instruments measured at fair
value on a recurring basis and indicates the level of the fair value hierarchy utilized to determine such fair values as of December 31, 2019:
Fair Value Measurement as of December 31, 2019 Using:
DescriptionQuoted Prices in Active Markets for Identical Assets
(Level 1)
Significant Other Observable Inputs (Level 2)Significant Other Observable Inputs (Level 3)
Liabilities$— $— $21,089 
Convertible Notes$— $— $21,089 
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
The following table provides a roll forward of the aggregate fair value of the Company’s convertible notes, for which fair value was determined using level 3 inputs (in thousands):
Convertible notes
Balance as of December 31, 2018
$— 
Issuance of convertible notes$18,434 
Change in fair value$1,139 
Exchange difference$1,516 
Balance as of December 31, 2019
$21,089 
Change in fair value$1,771 
Settlement of convertible notes$(21,614)
Exchange difference$(1,246)
Balance as of December 31, 2020
$—