Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurement (Tables)

v3.20.2
Fair Value Measurement (Tables)
9 Months Ended
Sep. 30, 2020
Fair Value Disclosures [Abstract]  
Summary of Fair Value Assets and Liabilities

The following tables sets forth by level, within the fair value hierarchy, the Company’s assets and liabilities at fair value:

 

 

 

September 30, 2020

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds *

 

$

17,900

 

 

$

 

 

$

 

 

$

17,900

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2019

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds *

 

$

9,250

 

 

$

 

 

$

 

 

$

9,250

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

*

Included in cash and cash equivalents on the condensed consolidated balance sheets.

Summary of Changes in Fair Value of Company's Level 3 Financial Liabilities

The table below sets forth a summary of changes in the fair value of the Company’s level 3 liabilities for the nine months ended September 30, 2020 and 2019:

 

 

Trade-In

 

 

 

Guarantee

 

 

Balance at, January 1, 2020

$

 

Recognition of revenue

 

 

Balance at, September 30, 2020

$

 

 

 

 

 

Balance at, January 1, 2019

$

268

 

Recognition of revenue

 

(268

)

Balance at, September 30, 2019

$