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Fair Value Measurements (Tables)
9 Months Ended
Sep. 30, 2023
Fair Value Measurements  
Schedule of Company's assets and liabilities by level within the fair value hierarchy

September 30, 2023

 

Fair Value Measurements

 

    

Level 1

    

Level 2

    

Level 3

    

Total

 

(in thousands)

 

Assets

Cash equivalents and other short-term investments:

Cash equivalents (money market funds, U.S. Government Securities and Agency Investments)

$

114,475

$

$

$

114,475

Short-term investments (U.S. Government Securities and Agency Investments)

318,202

318,202

Total

$

432,677

$

$

$

432,677

December 31, 2022

 

Fair Value Measurements

 

    

Level 1

    

Level 2

    

Level 3

    

Total

 

(in thousands)

 

Assets

Cash equivalents and other short-term investments:

Cash equivalents (money market funds, U.S. Government Securities and Agency Investments)

$

111,771

$

25,000

$

$

136,771

Short-term investments (U.S. Government Securities and Agency Investments)

245,247

245,247

Total

$

357,018

$

25,000

$

$

382,018