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Fair Value of Financial Instruments (Tables)
9 Months Ended
Sep. 30, 2022
Fair Value Disclosures [Abstract]  
Fair Value Measurements, Recurring and Nonrecurring
The following tables set forth the measurement at fair value on a recurring basis of the investments in money market funds, short-term cash instruments and U.S. government securities. The securities are categorized as a Level 1 asset, as their valuation is based on quoted prices for identical assets in active markets. See “Note 3 — Cash and Cash Equivalents”.
Assets Measured at Fair Value on a Recurring Basis as of September 30, 2022
Quoted Prices in
Active  Markets for
Identical Assets
(Level 1)
Significant Other
Observable  Inputs
(Level 2)
Significant
Unobservable  Inputs
(Level 3)
Balance as of
September 30, 2022
(in thousands, unaudited)
Assets
Cash equivalents$20,984 $— $— $20,984 
Total$20,984 $— $— $20,984 
Assets Measured at Fair Value on a Recurring Basis as of December 31, 2021
Quoted Prices in
Active  Markets for
Identical Assets
(Level 1)
Significant Other
Observable  Inputs
(Level 2)
Significant
Unobservable  Inputs
(Level 3)
Balance as of December 31, 2021
(in thousands)
Assets
Cash equivalents$70,689 $— $— $70,689 
Total$70,689 $— $— $70,689