Fair Value Measurements - (Tables)

6 Months Ended

Jun. 30, 2021

Schedule of assets and liabilities that are measured at fair value on a recurring basis

The following table presents, for each of the fair value hierarchy levels required under ASC 820, the Company's assets

and liabilities that are measured at fair value on a recurring basis as of June 30, 2021:


	Fair Value Measurement Using
	Quoted prices in active markets for identical assets (Level 1)		Significant other observable inputs (Level 2)		Significant unobservable inputs (Level 3)
Assets
Investments in money market funds*	$	48,435	$	—	$	—
Investments in U.S. Treasury securities	$	27,127	$	—	$	—
Investments in corporate debt securities	$	—	$	71,922	$	—
Investments in asset-backed securities	$	—	$	10,470	$	—

The following table presents, for each of the fair value hierarchy levels required under ASC 820, the Company's assets and liabilities that are measured at fair value on a recurring basis as of December 31, 2020:


	Fair Value Measurement Using
	Quoted prices in active markets for identical assets (Level 1)		Significant other observable inputs (Level 2)		Significant unobservable inputs (Level 3)
Assets
Investments in money market funds*	$	58,042	$	—	$	—

Investments in U.S. Treasury securities	54,233		—		—
Investments in corporate debt securities	$	—	$	79,275	$	—
Investments in asset-backed securities	—		10,166		—

*Investments in money market funds are reflected in cash and cash equivalents in the accompanying Consolidated Balance Sheets.