Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2022

Fair Value Measurements

Schedule of Fair Value Assets and Liabilities Measured on Recurring Basis

The Company’s assets measured at fair value on a recurring basis as of June 30, 2022 consisted of the following (in thousands):

	Fair Value Measurement at June 30, 2022
	Total		Level 1		Level 2		Level 3
Assets:
Cash equivalents - money market funds	$	91,807	$	91,807	$	—	$	—
Short-term investments		48,898		—		48,898		—
Total	$	140,705	$	91,807	$	48,898	$	—

The Company’s assets and liabilities measured at fair value on a recurring basis as of December 31, 2021 consisted of the following (in thousands):

	Fair Value Measurement at December 31, 2021
	Total		Level 1		Level 2		Level 3
Assets:
Cash equivalents - money market funds	$	65,634	$	65,634	$	—	$	—
Total		65,634		65,634		—		—
Liabilities:
Contingent consideration liability (see Note 6)		6,090		—		—		6,090
Total	$	6,090	$	—	$	—	$	6,090

Schedule of Short Term Investments

	June 30, 2022
	Amortized Cost		Unrealized Loss		Market Value
United States treasury securities	$	9,937	$	(52)	$	9,885
Commercial paper and corporate debt securities		34,072		(64)		34,008
Asset backed securities		5,009		(4)		5,005
Total	$	49,018	$	(120)	$	48,898