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Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2020
Accounting Policies [Abstract]  
Summary of Assets Measured at Fair Value on Recurring Basis

The following table summarizes assets measured at fair value on a recurring basis at June 30, 2020 (in thousands):

 

 

 

 

 

 

 

Active

 

 

Observable

 

 

Unobservable

 

 

 

June 30,

 

 

Markets

 

 

Inputs

 

 

Inputs

 

Description

 

2020

 

 

(Level 1)

 

 

(Level 2)

 

 

(Level 3)

 

Money market funds (included in

   cash and cash equivalents)

 

$

70,889

 

 

$

70,889

 

 

$

 

 

$

 

Total

 

$

70,889

 

 

$

70,889

 

 

$

 

 

$

 

 

 

The following table summarizes assets measured at fair value on a recurring basis at December 31, 2019 (in thousands):

 

 

 

 

 

 

 

Active

 

 

Observable

 

 

Unobservable

 

 

 

December 31,

 

 

Markets

 

 

Inputs

 

 

Inputs

 

Description

 

2019

 

 

(Level 1)

 

 

(Level 2)

 

 

(Level 3)

 

Money market funds (included in

   cash and cash equivalents)

 

$

33,774

 

 

$

33,774

 

 

$

 

 

$

 

U.S. treasury securities (included

   in marketable securities)

 

 

57,699

 

 

 

57,699

 

 

 

 

 

 

 

Total

 

$

91,473

 

 

$

91,473

 

 

$

 

 

$