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Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2020
Fair Value Disclosures [Abstract]  
Assets and Liabilities Measured at Fair Value
The following tables present information about the Company's assets and liabilities measured at fair value on a recurring basis in the consolidated balance sheets (in thousands):
 
DescriptionJune 30, 2020Quoted Prices In    
Active Markets
(Level 1)
Significant Other
Observable 
Inputs (Level 2)
Unobservable 
Inputs
(Level 3)
Assets:
Cash equivalents$3,000  $3,000  $—  $—  
Total assets measured and recorded at fair value$3,000  $3,000  $—  $—  
Liabilities:
Warrant liability$33  $—  $—  $33  
Contingent consideration5,193  —  —  5,193  
Total liabilities measured and recorded at fair value$5,226  $—  $—  $5,226  
DescriptionDecember 31, 2019Quoted Prices In  
Active Markets
(Level 1)
Significant Other
Observable 
Inputs (Level 2)
Unobservable 
Inputs
(Level 3)
Assets:
Cash equivalents$7,027  $7,027  $—  $—  
Total assets measured and recorded at fair value$7,027  $7,027  $—  $—  
Liabilities:
Warrant liability$52  $—  $—  $52  
Contingent consideration4,912  —  —  4,912  
Total liabilities measured and recorded at fair value$4,964  $—  $—  $4,964  
Reconciliation of Level 3 Liabilities
A reconciliation of the change in the fair value of the contingent consideration liability for the six months ended June 30, 2020 is as follows (in thousands):
 
 Fair Value
Measurements
Using Significant
Unobservable
Inputs
(Level 3)
Contingent consideration, December 31, 2019$4,912  
Change in the estimated fair value of the contingent consideration281  
Contingent consideration, June 30, 2020$5,193