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Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2023
Fair Value Disclosures [Abstract]  
Schedule of assets and liabilities measured at fair value on recurring basis and the fair value hierarchy of the valuation techniques

The table and disclosures for the periods presented below (in thousands) present the Company’s assets and liabilities measured at fair value on a recurring basis and indicate the fair value hierarchy of the valuation techniques utilized by the Company to determine such fair value. The Company did not have any assets or liabilities measured at fair value on a recurring basis within Level 3 fair value measurements.

 

 

As of June 30, 2023

 

 

 

Level I

 

 

Level II

 

 

Total

 

Assets:

 

 

 

 

 

 

 

 

 

Money market securities

 

$

5,391

 

 

$

 

 

$

5,391

 

U.S. Treasury securities

 

 

 

 

 

138,340

 

 

 

138,340

 

Total assets at fair value

 

$

5,391

 

 

$

138,340

 

 

$

143,731

 

 

 

 

 

As of December 31, 2022

 

 

 

Level I

 

 

Level II

 

 

Total

 

Assets:

 

 

 

 

 

 

 

 

 

Money market securities

 

$

8,909

 

 

$

 

 

$

8,909

 

U.S. Treasury securities

 

 

 

 

 

93,968

 

 

 

93,968

 

Total assets at fair value

 

$

8,909

 

 

$

93,968

 

 

$

102,877