Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2020

Fair Value Disclosures [Abstract]

Schedule of Financial Assets and Liabilities Measured at Fair Value

The carrying amount of cash, accounts receivable, and accounts payable approximate their fair value due to their short-term nature. The Company’s assets and liabilities that are measured at fair value on a recurring basis, by level, within the fair value hierarchy as of June 30, 2020 and December 31, 2019, are summarized as follows (amounts in thousands).

	June 30, 2020								December 31, 2019
	Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3		Total
Assets:
Cash equivalents:
Money market funds	$	3,195	$	—	$	—	$	3,195	$	2,899	$	—	$	—	$	2,899
Total assets	$	3,195	$	—	$	—	$	3,195	$	2,899	$	—	$	—	$	2,899
Liabilities:
Contingent earn-out	$	—	$	—	$	—	$	—	$	—	$	—	$	557	$	557
Total liabilities	$	—	$	—	$	—	$	—	$	—	$	—	$	557	$	557

Schedule of Changes in Fair Value of Level 3 Liabilities

The changes in fair value of the level 3 liabilities are as follows (amounts in thousands):

	Contingent Earn-Out
	June 30, 2020			December 31, 2019
Balance, Beginning of period	$	557		$	2,372
Conversable, Inc. fair value adjustment (see Note 9)	—			(496		)
AdvantageTec Inc. fair value adjustment (see Note 9)	(263		)	168
Payments	(294		)	(1,487		)
Balance, End of period	$	—		$	557