Quarterly report pursuant to Section 13 or 15(d)

Fair Value (Tables)

v3.20.2
Fair Value (Tables)
9 Months Ended
Sep. 30, 2020
Fair Value  
Schedule of financial assets measured at fair value on a recurring basis

Financial assets measured at fair value on a recurring basis are categorized in the tables below based upon the lowest level of significant input to the valuations (in thousands):

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Assets at Fair Value as of September 30, 2020

 

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Level 1

    

Level 2

    

Level 3

    

Total

 

Money market funds

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$

17,625

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$

—

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$

—

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$

17,625

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U.S. treasury bills

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—

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23,297

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—

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23,297

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Government-sponsored enterprise securities

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—

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18,451

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—

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18,451

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Corporate bonds and commercial paper

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—

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11,947

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—

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11,947

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Total

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$

17,625

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$

53,695

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$

—

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$

71,320

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Assets at Fair Value as of December 31, 2019

 

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Level 1

    

Level 2

    

Level 3

    

Total

 

Money market funds

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$

7,457

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$

—

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$

—

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$

7,457

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U.S. treasury bills

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—

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12,539

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—

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12,539

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Government-sponsored enterprise securities

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—

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19,017

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—

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19,017

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Corporate bonds and commercial paper

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—

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55,694

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—

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55,694

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Total

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$

7,457

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$

87,250

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$

—

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$

94,707

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