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Fair Value of Financial Assets (Tables)
6 Months Ended
Jun. 30, 2022
Fair Value Disclosures [Abstract]  
Summary of Assets Measured at Fair Value on Recurring Basis

The following tables present information about the Company’s assets that are measured at fair value on a recurring basis and indicate the level of the fair value hierarchy utilized to determine such fair values:

 

 

 

Fair Value Measurements as of
June 30, 2022 using:

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Cash equivalents:

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds

 

$

4,144

 

 

$

 

 

$

 

 

$

4,144

 

Investments:

 

 

 

 

 

 

 

 

 

 

 

 

Commercial paper

 

 

 

 

 

16,805

 

 

 

 

 

 

16,805

 

Corporate notes

 

 

 

 

 

1,250

 

 

 

 

 

 

1,250

 

Treasury bills

 

 

 

 

 

6,699

 

 

 

 

 

 

6,699

 

Total Fair Value of Financial Instruments as of June 30, 2022

 

$

4,144

 

 

$

24,754

 

 

$

 

 

$

28,898

 

 

 

 

 

Fair Value Measurements as of
December 31, 2021 using:

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Cash equivalents:

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds

 

$

2,438

 

 

$

 

 

$

 

 

$

2,438

 

Investments:

 

 

 

 

 

 

 

 

 

 

 

 

Commercial paper

 

 

 

 

 

33,969

 

 

 

 

 

 

33,969

 

Corporate notes

 

 

 

 

 

6,366

 

 

 

 

 

 

6,366

 

Treasury Bills

 

 

 

 

 

1,998

 

 

 

 

 

 

1,998

 

Total Fair Value of Financial Instruments as of December 31, 2021

 

$

2,438

 

 

$

42,333

 

 

$

 

 

$

44,771