Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2020

Fair Value Disclosures [Abstract]

Assets and Liabilities which are Measured at Fair Value on a Recurring Basis

The following table sets forth the Company’s assets and liabilities which are measured at fair value on a recurring basis by level within the fair value hierarchy (in thousands).

Fair Value Measurements (in thousands) as of December 31, 2019
	Level 1		Level 2		Level 3		Total
Assets
Money market accounts	$	15,313	$	—	$	—	$	15,313
Total Assets	$	15,313	$	—	$	—	$	15,313
Liabilities
Convertible debentures	$	—	$	—	$	13,642	$	13,642
Total Liabilities	$	—	$	—	$	13,642	$	13,642
Fair Value Measurements (in thousands) as of June 30, 2020
	Level 1		Level 2		Level 3		Total
Assets
Money market accounts	$	24,225	$	—	$	—	$	24,225
Total Assets	$	24,225	$	—	$	—	$	24,225

Schedule of Reconciliation of Changes In Fair Value of Convertible Debentures

The following sets forth a reconciliation of the changes in the fair value of the Convertible Debentures that were converted to equity during the six month period ended June 30, 2020 (in thousands):

	Convertible Debenture
Balance, December 31, 2019	$	13,642
Fair value adjustments		7,522
Conversion		(21,164	)
Balance, June 30, 2020	$	—