Schedule of Assets Measured at Fair Value on Recurring Basis |
Assets measured at fair value on a recurring basis are as follows (in thousands):
|
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|
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|
Fair Value Measurements Using |
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|
|
Total |
|
|
Quoted Prices in
Active Markets
for Identical
Assets
(Level 1) |
|
|
Significant
Other
Observable
Inputs
(Level 2) |
|
|
Significant
Unobservable
Inputs
(Level 3) |
|
As of March 31, 2020 |
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|
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|
|
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|
|
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Assets: |
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current: |
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cash equivalents |
|
$ |
34,674 |
|
|
$ |
34,674 |
|
|
$ |
— |
|
|
$ |
— |
|
Available-for-sale investments, short-term: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Asset-backed securities |
|
|
3,100 |
|
|
|
— |
|
|
|
3,100 |
|
|
|
— |
|
Commercial paper |
|
|
5,076 |
|
|
|
— |
|
|
|
5,076 |
|
|
|
— |
|
Corporate debt securities |
|
|
2,200 |
|
|
|
— |
|
|
|
2,200 |
|
|
|
— |
|
Total short-term investments |
|
|
10,376 |
|
|
|
— |
|
|
|
10,376 |
|
|
|
— |
|
Total assets measured at fair value |
|
$ |
45,050 |
|
|
$ |
34,674 |
|
|
$ |
10,376 |
|
|
$ |
— |
|
|
|
|
|
|
|
Fair Value Measurements Using |
|
|
|
Total |
|
|
Quoted Prices in
Active Markets
for Identical
Assets
(Level 1) |
|
|
Significant
Other
Observable
Inputs
(Level 2) |
|
|
Significant
Unobservable
Inputs
(Level 3) |
|
As of December 31, 2019 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Assets: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cash equivalents |
|
$ |
8,248 |
|
|
$ |
8,248 |
|
|
$ |
— |
|
|
$ |
— |
|
Available-for-sale investments, short-term: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Asset-backed securities |
|
|
6,304 |
|
|
|
— |
|
|
|
6,304 |
|
|
|
— |
|
Commercial paper |
|
|
7,568 |
|
|
|
— |
|
|
|
7,568 |
|
|
|
— |
|
Corporate debt securities |
|
|
8,062 |
|
|
|
— |
|
|
|
8,062 |
|
|
|
— |
|
Total short-term investments |
|
|
21,934 |
|
|
|
— |
|
|
|
21,934 |
|
|
|
— |
|
Total assets measured at fair value |
|
$ |
30,182 |
|
|
$ |
8,248 |
|
|
$ |
21,934 |
|
|
$ |
— |
|
|
Schedule of Available-for-sale Investments |
As of March 31, 2020 and December 31, 2019, available-for-sale investments are detailed as follows (in thousands):
|
|
March 31, 2020 |
|
|
|
Gross
Amortized
Cost |
|
|
Gross
Unrealized
Gains |
|
|
Gross
Unrealized
Losses |
|
|
Market Value |
|
Available-for-sale investments, short-term: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Asset-backed securities |
|
$ |
3,102 |
|
|
$ |
— |
|
|
$ |
(2 |
) |
|
$ |
3,100 |
|
Commercial paper |
|
|
5,077 |
|
|
|
— |
|
|
|
— |
|
|
|
5,077 |
|
Corporate debt securities |
|
|
2,200 |
|
|
|
— |
|
|
|
(1 |
) |
|
|
2,199 |
|
|
|
$ |
10,379 |
|
|
$ |
— |
|
|
$ |
(3 |
) |
|
$ |
10,376 |
|
|
|
December 31, 2019 |
|
|
|
Gross
Amortized
Cost |
|
|
Gross
Unrealized
Gains |
|
|
Gross
Unrealized
Losses |
|
|
Market Value |
|
Available-for-sale investments, short-term: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Asset-backed securities |
|
$ |
6,299 |
|
|
$ |
5 |
|
|
$ |
— |
|
|
$ |
6,304 |
|
Commercial paper |
|
|
7,568 |
|
|
|
— |
|
|
|
— |
|
|
|
7,568 |
|
Corporate debt securities |
|
|
8,057 |
|
|
|
5 |
|
|
|
— |
|
|
|
8,062 |
|
|
|
$ |
21,924 |
|
|
$ |
10 |
|
|
$ |
— |
|
|
$ |
21,934 |
|
|