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Description of Business and Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2020
Accounting Policies [Abstract]  
Summary of Cash and Cash Equivalents, Measured at Fair Value on a Recurring Basis
The following table summarizes, by major security type, our cash, cash equivalents and short-term investments that are measured at fair value on a recurring basis and are categorized using the fair value hierarchy (in thousands):

 
March 31, 2020
 
December 31, 2019
 
Cost or Amortized Cost
 
Total Estimated Fair Value
 
Total Estimated
Fair Value
Cash
$
343

 
$
343

 
$
188

Level 1 securities:
 
 
 
 
 
Money market funds
80,806

 
80,806

 
28,957

Level 2 securities:
 
 
 
 
 
U.S. government and agency securities

 

 
2,522

Corporate debt securities

 

 
1,999

Total cash, cash equivalents and short-term investments
$
81,149

 
$
81,149

 
$
33,666