Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2023

Fair Value Measurements

Summary of major categories of financial assets and liabilities measured at fair value on a recurring basis

The following fair value hierarchy table presents information about each major category of our financial assets and liabilities measured at fair value on a recurring basis (in thousands):

	Level 1		Level 2		Level 3		Total
September 30, 2023
Assets
Cash	$	1,161	$	—	$	—	$	1,161
Money market funds (cash equivalents)		139,276		—		—		139,276
U.S. Treasury securities		—		28,566		—		28,566
U.S. Government Agency securities		—		7,353		—		7,353
Total assets	$	140,437	$	35,919	$	—	$	176,356
December 31, 2022
Assets
Cash	$	10,569	$	—	$	—	$	10,569
Money market funds (cash equivalents)		229,982		—		—		229,982
Total assets	$	240,551	$	—	$	—	$	240,551