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Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2020
Fair Value Disclosures [Abstract]  
Summary of valuation of the Company's investments and financial instruments that are measured at fair value on a recurring basis The following table summarizes the valuation of the Company’s financial instruments that are measured at fair value on a recurring basis:

 
 
March 31, 2020
 
December 31, 2019
 
 
 
 
Fair value measurement category
 
 
 
Fair value measurement category
(In thousands)
 
Total
 
Level 1
 
Level 2
 
Level 3
 
Total
 
Level 1
 
Level 2
 
Level 3
Assets:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Money market funds
 
32,089

 
32,089

 
—

 
—

 
5,381

 
5,381

 
—

 
—

Repurchase agreements
 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

Commercial paper
 
7,061

 
—

 
7,061

 
—

 
11,892

 
—

 
11,892

 
—

Corporate notes
 
14,422

 
—

 
14,422

 
—

 
18,380

 
—

 
18,380

 
—

U.S. government securities
 
7,889

 
—

 
7,889

 
—

 
11,295

 
—

 
11,295

 
—

U.S. asset-backed securities
 
8,306

 
—

 
8,306

 
—

 
10,509

 
—

 
10,509

 
—

 
 
69,767

 
32,089

 
37,678

 
—

 
57,457

 
5,381

 
52,076

 
—