| Schedule of financial assets measured at fair value on a recurring basis |
The following fair value hierarchy table presents information about the Company’s financial assets measured at fair value on a recurring basis and indicates the fair value hierarchy of the inputs the Company utilized to determine such fair value at September 30, 2020 and December 31, 2019 (in thousands):
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September 30, 2020
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Quoted Prices in
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Significant
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Active Markets
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Other
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Significant
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for Identical
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Observable
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Unobservable
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Items
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Inputs
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Inputs
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(Level 1)
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(Level 2)
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(Level 3)
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Total
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Assets:
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Money market funds
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$
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33,858
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$
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—
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$
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—
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$
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33,858
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Asset‑backed securities
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—
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3,105
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—
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3,105
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Corporate bonds
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—
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30,084
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—
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30,084
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Government bonds
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19,991
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—
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—
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19,991
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Total assets
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$
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53,849
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$
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33,189
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$
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—
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$
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87,038
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December 31, 2019
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Quoted Prices in
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Significant
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Active Markets
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Other
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Significant
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for Identical
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Observable
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Unobservable
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Items
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Inputs
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Inputs
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(Level 1)
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(Level 2)
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(Level 3)
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Total
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Assets:
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Money market funds
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$
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40,454
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$
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—
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$
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—
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$
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40,454
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Asset‑backed securities
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—
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16,806
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—
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16,806
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Corporate bonds
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—
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67,948
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—
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67,948
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Repurchase agreements
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—
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25,001
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—
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25,001
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Total assets
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$
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40,454
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$
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109,755
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$
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—
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$
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150,209
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The following fair value hierarchy table presents information about the Company’s financial assets measured at fair value on a recurring basis and indicates the fair value hierarchy of the inputs the Company utilized to determine such fair value (in thousands):
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December 31, 2019
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Quoted Prices in
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Significant
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|
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|
|
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|
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Active Markets
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Other
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Significant
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|
|
|
|
|
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for Identical
|
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Observable
|
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Unobservable
|
|
|
|
|
|
|
Items
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Inputs
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Inputs
|
|
|
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|
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(Level 1)
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(Level 2)
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(Level 3)
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Total
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Assets:
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|
|
|
|
|
|
|
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Money market funds
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$
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40,454
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$
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—
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$
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—
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$
|
40,454
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Asset‑backed securities
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|
|
—
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|
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16,806
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|
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—
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16,806
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Corporate bonds
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|
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—
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67,948
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—
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67,948
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Other investments
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—
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25,001
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—
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25,001
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Total assets
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$
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40,454
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$
|
109,755
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$
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—
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$
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150,209
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December 31, 2018
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Quoted Prices in
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Significant
|
|
|
|
|
|
|
|
|
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Active Markets
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Other
|
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Significant
|
|
|
|
|
|
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for Identical
|
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Observable
|
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Unobservable
|
|
|
|
|
|
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Items
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Inputs
|
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Inputs
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(Level 1)
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(Level 2)
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(Level 3)
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Total
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Assets:
|
|
|
|
|
|
|
|
|
|
|
|
|
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Money market funds
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$
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24,380
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$
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—
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$
|
—
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$
|
24,380
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Asset‑backed securities
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|
—
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13,285
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—
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13,285
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Corporate bonds
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—
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50,944
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—
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50,944
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Other investments
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—
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—
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|
450
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|
|
450
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Total assets
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$
|
24,380
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$
|
64,229
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$
|
450
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|
$
|
89,059
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