Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2018

Financial Assets Measured at Fair Value on a Recurring Basis

The following table presents information about our financial assets that have been measured at fair value on a recurring basis as of September 30, 2018 and December 31, 2017, and indicates the fair value hierarchy of the valuation inputs utilized to determine such fair value (in thousands).



	Fair Value Measurements as of								Amortized Cost as of
	September 30, 2018								September 30, 2018
	Level 1		Level 2		Level 3		Total
Cash and cash equivalents:
Cash	$	26,472	$	—	$	—	$	26,472	$	26,472
Money market funds	11,492		—		—		11,492		11,492
Total cash and cash equivalents	37,964		—		—		37,964		37,964
Short-term investments:
Corporate notes and bonds	—		1,172		—		1,172		1,172
Total short-term investments	—		1,172		—		1,172		1,172
Restricted cash equivalents	—		1,630		—		1,630		1,630
Warrants issued by Napster (included in Other assets)	—		—		911		911		—
Total	$	37,964	$	2,802	$	911	$	41,677	$	40,766



	Fair Value Measurements as of								Amortized Cost as of
	December 31, 2017								December 31, 2017
	Level 1		Level 2		Level 3		Total
Cash and cash equivalents:
Cash	$	31,065	$	—	$	—	$	31,065	$	31,065
Money market funds	20,131		—		—		20,131		20,131
Total cash and cash equivalents	51,196		—		—		51,196		51,196
Short-term investments:
Corporate notes and bonds	—		8,779		—		8,779		8,779
Total short-term investments	—		8,779		—		8,779		8,779
Restricted cash equivalents	—		2,400		—		2,400		2,400
Warrants issued by Napster (included in Other assets)	—		—		989		989		—
Total	$	51,196	$	11,179	$	989	$	63,364	$	62,375

Schedule of Contractual Maturity Date

Contractual maturities of short-term investments as of September 30, 2018 (in thousands):



	Estimated Fair Value
Within one year	$	1,172
Between one year and five years	—
Total short-term investments	$	1,172