Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2019

Financial Assets Measured at Fair Value on a Recurring Basis

The following tables present information about our financial assets that have been measured at fair value on a recurring basis as of March 31, 2019 and December 31, 2018, and indicates the fair value hierarchy of the valuation inputs utilized to determine fair value (in thousands):



	Fair Value Measurements as of								Amortized Cost as of
	March 31, 2019								March 31, 2019
	Level 1		Level 2		Level 3		Total
Assets:
Cash and cash equivalents:
Cash	$	29,530	$	—	$	—	$	29,530	$	29,530
Money market funds	7,367		—		—		7,367		7,367
Total cash and cash equivalents	36,897		—		—		36,897		36,897
Restricted cash equivalents	1,921		2,124		—		4,045		4,045
Total assets	$	38,818	$	2,124	$	—	$	40,942	$	40,942
Liabilities:
Accrued royalties, fulfillment and other current liabilities
Napster acquisition contingent consideration	$	—	$	—	$	2,586	$	2,586	N/A
Other long-term liabilities
Napster acquisition contingent consideration	—		—		9,014		9,014		N/A
Total liabilities	$	—	$	—	$	11,600	$	11,600	N/A



	Fair Value Measurements as of								Amortized Cost as of
	December 31, 2018								December 31, 2018
	Level 1		Level 2		Level 3		Total
Assets:
Cash and cash equivalents:
Cash	$	22,853	$	—	$	—	$	22,853	$	22,853
Money market funds	12,708		—		—		12,708		12,708
Total cash and cash equivalents	35,561		—		—		35,561		35,561
Short-term investments:
Corporate notes and bonds	—		24		—		24		24
Total short-term investments	—		24		—		24		24
Restricted cash equivalents	—		1,630		—		1,630		1,630
Warrants issued by Napster (included in Other assets)	—		—		865		865		—
Total assets	$	35,561	$	1,654	$	865	$	38,080	$	37,215