Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2022

Fair Value, Assets Measured on Recurring Basis

The following table presents information about the Company's assets measured at fair value on a recurring basis and indicates the level within fair value hierarchy of the valuation techniques utilized to determine such value. The Company had no marketable securities as of December 31, 2021.


	December 31, 2022
(in thousands)	Total		Quoted Prices in Active Markets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Cash equivalents
Money market funds	$	50,471	$	50,471	$	—	$	—
U.S. government agency securities	9,993		—		9,993		—
	$	60,464	$	50,471	$	9,993	$	—
Marketable securities
U.S. treasury securities	$	107,810	$	107,810	$	—	$	—
U.S government agency securities	44,017		—		44,017		—
	$	151,827	$	107,810	$	44,017	$	—