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Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2022
Fair Value Disclosures [Abstract]  
Summary of Fair Value of Financial Instruments

The fair value of these instruments as of June 30, 2022 and December 31, 2021 was as follows (in thousands):

 

 

 

Quoted Prices in
Active Markets for
Identical Assets
(Level 1)

 

 

Significant
Other
Observable
Inputs
(Level 2)

 

 

Significant
Unobservable
Inputs
(Level 3)

 

 

Total

 

As of June 30, 2022

 

 

 

 

 

 

 

 

 

 

 

 

Cash equivalents:

 

 

 

 

 

 

 

 

 

 

 

 

U.S. Treasury money market funds

 

$

94,433

 

 

$

 

 

$

 

 

$

94,433

 

Short-term investments:

 

 

 

 

 

 

 

 

 

 

 

 

U.S. government securities

 

 

16,017

 

 

 

 

 

 

 

 

 

16,017

 

Corporate securities

 

 

 

 

 

10,584

 

 

 

 

 

 

10,584

 

Commercial paper

 

 

 

 

 

20,685

 

 

 

 

 

 

20,685

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of December 31, 2021

 

 

 

 

 

 

 

 

 

 

 

 

Cash equivalents:

 

 

 

 

 

 

 

 

 

 

 

 

U.S. Treasury money market funds

 

$

30,853

 

 

$

 

 

$

 

 

$

30,853

 

Short-term investments:

 

 

 

 

 

 

 

 

 

 

 

 

U.S. government securities

 

 

12,190

 

 

 

 

 

 

 

 

 

12,190

 

Asset backed securities

 

 

 

 

 

11,346

 

 

 

 

 

 

11,346

 

Corporate securities

 

 

 

 

 

49,066

 

 

 

 

 

 

49,066

 

Commercial paper

 

 

 

 

 

54,557

 

 

 

 

 

 

54,557