Recurring Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2023

Fair Value Disclosures [Abstract]

Schedule of Assets and liabilities measured at fair value on a recurring basis

The following tables summarizes the Company's fair value hierarchy for its financial assets and liabilities measured at fair value on a recurring basis (in thousands):

As of March 31, 2023	Total		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Assets
Money market funds included in cash and cash equivalents	$	4,512	$	4,512	$	—	$	—
Liabilities
Embedded derivatives	$	58	$	—	$	—	$	58

As of December 31, 2022	Total		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Assets
Money market funds included in cash and cash equivalents	$	18,737	$	18,737	$	—	$	—
Liabilities
Embedded derivatives	$	45	$	—	$	—	$	45

Summary of Rollforward of Fair Value of Embedded Derivatives

The table below provides a summary of the fair value of the embedded derivatives, a Level 3 fair value estimate (in thousands), for the three months ended March 31, 2023 and 2022:

	Three Months Ended March 31,		Three Months Ended March 31,
	2023		2022
Fair value of embedded derivatives, beginning of period	$	45	$	-
Change in fair value of derivative liabilities		13		270
Fair value of embedded derivatives, end of period	$	58	$	270