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Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2022
Fair Value Disclosures [Abstract]  
Schedule of Fair Value Measurements
The following tables summarize the fair value of financial assets and liabilities that are measured at fair value and the classification by level of input within the fair value hierarchy:
FAIR VALUE MEASUREMENTS AS OF
JUNE 30, 2022
(in thousands)LEVEL 1LEVEL 2LEVEL 3TOTAL
Cash and cash equivalents:
Cash and cash equivalents$39,442 $— $— $39,442 
Total cash and cash equivalents:$39,442 $— $— $39,442 
Investments:
Certificates of deposit$— $8,678 $— $8,678 
Commercial paper— 47,478 — 47,478 
Corporate bonds— 36,040 — 36,040 
U.S. Government and government agencies— 52,734 — 52,734 
Total investments$— $144,930 $— $144,930 
Total cash, cash equivalents, and investments:$39,442 $144,930 $— $184,372 
FAIR VALUE MEASUREMENTS AS OF
DECEMBER 31, 2021
(in thousands)LEVEL 1LEVEL 2LEVEL 3TOTAL
Cash and cash equivalents:
Cash and cash equivalents$37,187 $— $— $37,187 
Total cash and cash equivalents:$37,187 $— $— $37,187 
Investments:
Certificates of deposit$— $9,038 $— $9,038 
Commercial paper— 50,920 — 50,920 
Corporate bonds— 42,656 — 42,656 
Total investments$— $102,614 $— $102,614 
Total cash, cash equivalents, and investments:$37,187 $102,614 $— $139,801