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Financial Instruments (Tables)
6 Months Ended
Jun. 30, 2019
Fair Value Disclosures [Abstract]  
Fair Value of Company's Financial Assets Measured on Recurring Basis

The following tables summarize the estimated fair value of the Company’s financial assets measured on a recurring basis as of the dates indicated, which are comprised solely of available-for-sale marketable securities with remaining contractual maturities of one year or less (in thousands):

 

June 30, 2019

 

Input Level

 

Amortized

Cost

 

 

Gross

Unrealized

Gains

 

 

Gross

Unrealized

Losses

 

 

Estimated Fair

Value

 

Money market funds

 

Level 1

 

$

8,658

 

 

$

 

 

$

 

 

$

8,658

 

U.S. commercial paper

 

Level 2

 

 

2,386

 

 

 

 

 

 

 

 

 

2,386

 

Total available-for-sale securities

 

 

 

 

11,044

 

 

 

 

 

 

 

 

 

11,044

 

Less amounts classified as cash equivalents

 

 

 

 

(8,658

)

 

 

 

 

 

 

 

 

(8,658

)

Amounts classified as marketable securities

 

 

 

$

2,386

 

 

$

 

 

$

 

 

$

2,386

 

 

December 31, 2018

 

Input Level

 

Amortized

Cost

 

 

Gross

Unrealized

Gains

 

 

Gross

Unrealized

Losses

 

 

Estimated Fair

Value

 

Money market funds

 

Level 1

 

$

10,845

 

 

$

 

 

$

 

 

$

10,845

 

Total available-for-sale securities

 

 

 

 

10,845

 

 

 

 

 

 

 

 

 

10,845

 

Less amounts classified as cash equivalents

 

 

 

 

(10,845

)

 

 

 

 

 

 

 

 

(10,845

)

Amounts classified as marketable securities

 

 

 

$

 

 

$

 

 

$

 

 

$