Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2022

Fair Value Disclosures [Abstract]

Summary of Fair Value Hierarchy for Assets Measured at Fair Value on Recurring Basis

The following tables present the Company’s fair value hierarchy for assets measured at fair value on a recurring basis (in thousands):

	Fair Value Measurements at June 30, 2022
	Level 1		Level 2		Level 3		Total
Cash equivalents:
Money market funds	$	121,277	$	—	$	—	$	121,277
U.S. treasury securities		—		32,977		—		32,977
Marketable securities:
U.S. treasury securities		—		425,184		—		425,184
Total	$	121,277	$	458,161	$	—	$	579,438
	Fair Value Measurements at December 31, 2021
	Level 1		Level 2		Level 3		Total
Cash equivalents:
Money market funds	$	706,703	$	—	$	—	$	706,703
Total	$	706,703	$	—	$	—	$	706,703