Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2022

Fair Value Disclosures [Abstract]

Assets and Liabilities Measured at Fair Value on Recurring Basis

Assets and liabilities measured at fair value on a recurring basis include the following as of September 30, 2022, and December 31, 2021 (in thousands):

	September 30, 2022
	Level 1		Level 2		Level 3		Total
Cash equivalents:
Money market funds	$	87,405		—		—	$	87,405
Total cash equivalents	$	87,405		—		—	$	87,405
Liability classified equity award	$	—		—		1,949	$	1,949
	December 31, 2021
	Level 1		Level 2		Level 3		Total
Cash equivalents:
Money market funds	$	140,010		—		—	$	140,010
Total cash equivalents	$	140,010		—		—	$	140,010
Liability classified equity award	$	—		—		2,052	$	2,052

Reconciliation of Liabilities Measured at Fair Value Using Significant Unobservable Inputs

The following table provides a reconciliation of liabilities measured at fair value using significant unobservable inputs (Level 3) for the nine months ended September 30, 2022 (in thousands):

	Level 3 Liabilities
Balance at December 31, 2021	$	2,052
Straight-line recognition of liability classified equity award		196
Change in fair value measurement		80
Balance at March 31, 2022	$	2,328
Straight-line recognition of liability classified equity award		202
Change in fair value measurement		(1,469	)
Balance at June 30, 2022	$	1,061
Straight-line recognition of liability classified equity award		85
Change in fair value measurement		803
Balance at September 30, 2022	$	1,949