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FAIR VALUE MEASUREMENTS (Tables)
3 Months Ended
Mar. 31, 2020
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis
The following tables present information about the Company’s financial assets and liabilities measured at fair value on a recurring basis and indicate the level of the fair value hierarchy used to determine such fair values:

Fair value measurements at March 31, 2020 using:

Level 1

Level 2Level 3Total
Assets:





Money market funds$352,817  $—  $—  $352,817  
Total$352,817  $—  $—  $352,817  


Fair value measurements at December 31, 2019 using:

Level 1Level 2

Level 3

Total
Assets:






Money market funds$24,157  $—  $—  $24,157  
Total$24,157  $—  $—  $24,157  
Liabilities:






Derivative liabilities$—  $—  $16  $16  
Total$—  $—  $16  $16  
Reconciliation of Fair Value Liabilities Derivative liabilities consisted of the following:

March 31, 2020
Balance - December 31, 2019$16  
Reclassification to additional paid-in capital in connection with IPO(16) 
Balance - March 31, 2020$—