Investments and Fair Value Measurement Disclosure [Text Block] | 2. Investments The Company classifies its marketable securities as available-for-sale and records its investments at fair value. Available-for-sale securities are carried at estimated fair value based on quoted market prices or observable market inputs of almost identical assets, with the unrealized holding gains and losses included in accumulated other comprehensive income (loss). Marketable securities which have maturities beyond one The table below summarizes the Company’s cash, cash equivalents and short-term investments (in thousands): As of March 31, 2021 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Cash and cash equivalents: Cash $ 3,643 $ — $ — $ 3,643 Money market funds 12,523 — — 12,523 Commercial paper 18,197 — — 18,197 Total cash and cash equivalents 34,363 — — 34,363 Short-term investments: U.S. government agency securities 2,751 — — 2,751 Commercial paper 27,179 — — 27,179 Corporate debt securities 3,052 — — 3,052 Total short-term investments 32,982 — — 32,982 Total cash, cash equivalents and short-term investments $ 67,345 $ — $ — $ 67,345 As of December 31, 2020 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Cash and cash equivalents: Cash $ 5,181 $ — $ — $ 5,181 Money market funds 3,996 — — 3,996 Commercial paper 18,097 — — 18,097 Total cash and cash equivalents 27,274 — — 27,274 Short-term investments: U.S. government agency securities 5,818 — — 5,818 Commercial paper 9,794 — — 9,794 Total short-term investments 15,612 — — 15,612 Total cash, cash equivalents and short-term investments $ 42,886 $ — $ — $ 42,886 There were no March 31, 2021 December 31, 2020. no three March 31, 2021 2020. As of March 31, 2021, December 31, 2020, one Fair Value Measurement The Company’s financial instruments consist of Level I and II assets and Level III liabilities. Money market funds are highly liquid investments and are actively traded. The pricing information on these investment instruments are readily available and can be independently validated as of the measurement date. This approach results in the classification of these securities as Level 1 third March 31, 2021, December 31, 2020, 5 two The following table sets forth the fair value of the Company’s financial assets and liabilities by level within the fair value hierarchy (in thousands): As of March 31, 2021 Fair Value Level I Level II Level III Assets Money market funds $ 12,523 $ 12,523 $ — $ — U.S. government agency securities 2,751 — 2,751 — Commercial paper 45,376 — 45,376 — Corporate debt securities 3,052 — 3,052 — Total assets measured at fair value $ 63,702 $ 12,523 $ 51,179 $ — Liabilities Contingent put option liability $ 181 $ — $ — $ 181 Total liabilities measured at fair value $ 181 $ — $ — $ 181 As of December 31, 2020 Fair Value Level I Level II Level III Assets Money market funds $ 3,996 $ 3,996 $ — $ — U.S. government agency securities 5,818 — 5,818 — Commercial paper 27,891 — 27,891 — Total assets measured at fair value $ 37,705 $ 3,996 $ 33,709 $ — Liabilities Contingent put option liability $ 246 $ — $ — $ 246 Total liabilities measured at fair value $ 246 $ — $ — $ 246 The following tables set forth a summary of the changes in the fair value of the Company’s Level III financial liabilities for the three March 31, 2021 2020 Three Months Ended March 31, 2021 Fair value—beginning of period $ 246 Change in fair value of contingent put option associated with the Loan Agreement (65 ) Fair value—end of period $ 181 Three Months Ended March 31, 2020 Fair value—beginning of period $ 437 Change in fair value of contingent put option associated with the Loan Agreement 309 Fair value—end of period $ 746 |