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Fair Value Measurement of Assets and Liabilities (Tables)
6 Months Ended
Jun. 30, 2019
Fair Value Disclosures [Abstract]  
Summary of Company's Financial Instruments, Fair Value on a Recurring Basis
The following table summarizes the Company’s financial instruments measured at fair value on a recurring basis in accordance with the authoritative guidance for fair value measurements as of June 30, 2019 (in thousands):
 
Balance as of
June 30, 2019
 
Level 1
Assets:
 
 
 
Cash equivalents
 
 
 
Money market funds
$
125

 
$
125

Total cash equivalents
$
125

 
$
125


The following table summarizes the Company’s financial instruments measured at fair value on a recurring basis in accordance with the authoritative guidance for fair value measurements as of December 31, 2018 (in thousands):
 
Balance as of
December 31, 2018
 
Level 1
Assets:
 
 
 
Cash equivalents
 
 
 
Money market funds
$
10,085

 
$
10,085

Total cash equivalents
$
10,085

 
$
10,085