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Fair Value Measurements (Tables)
9 Months Ended
Sep. 30, 2022
Fair Value Disclosures [Abstract]  
Assets and Liabilities Measured at Fair Value on a Recurring Basis

The following tables present the fair value hierarchy for assets and liabilities measured at fair value on a recurring basis as of September 30, 2022 and December 31, 2021 (in thousands):

 

 

 

September 30, 2022

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Financial assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds(1)

 

$

23,090

 

 

$

 

 

$

 

 

$

23,090

 

Total financial assets

 

$

23,090

 

 

$

 

 

$

 

 

$

23,090

 

 

 

 

December 31, 2021

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Financial assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds(1)

 

$

44,347

 

 

$

 

 

$

 

 

$

44,347

 

U.S. government agency securities(2)

 

 

2,504

 

 

 

 

 

 

 

 

 

2,504

 

Total financial assets

 

$

46,851

 

 

$

 

 

$

 

 

$

46,851

 

 

 

(1)

Included in cash and cash equivalents on the accompanying condensed consolidated balance sheets.

 

(2)

Included in short-term investments on the accompanying condensed consolidated balance sheets and classified as available-for-sale debt securities.