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Fair Value of Financial Measurements (Tables)
6 Months Ended
Jun. 30, 2019
Fair Value Disclosures [Abstract]  
Summary of Fair Value of Financial Assets by Level within Fair Value Hierarchy

The following table sets forth the fair value of the Company’s financial assets by level within the fair value hierarchy (in thousands):

 

 

 

As of

June 30, 2019

 

 

 

Fair Value

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

Financial Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash equivalents:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds

 

$

3,108

 

 

$

3,108

 

 

$

-

 

 

$

-

 

Total Financial Assets

 

$

3,108

 

 

$

3,108

 

 

$

-

 

 

$

-

 

 

 

 

As of

December 31, 2018

 

 

 

Fair Value

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

Financial Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash equivalents:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds

 

$

4,881

 

 

$

4,881

 

 

$

-

 

 

$

-

 

Marketable securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

U. S. Treasury securities

 

 

14,106

 

 

 

-

 

 

 

14,106

 

 

 

-

 

Total Financial Assets

 

$

18,987

 

 

$

4,881

 

 

$

14,106

 

 

$

-