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Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2023
Fair Value Disclosures [Abstract]  
Fair Value Measurements, Recurring and Nonrecurring
The Company’s assets measured at fair value on a recurring basis consisted of the following as of June 30, 2023, and December 31, 2022 (in thousands):
Fair value measured at June 30, 2023
Quoted
prices in
active
markets
(Level 1)
Significant
other
observable
inputs
(Level 2)
Significant
unobservable
inputs
(Level 3)
Total
Financial assets at fair value:
Cash and cash equivalents
Money market securities$249,960 $— $— $249,960 
Total financial assets at fair value$249,960 $— $— $249,960 
Fair value measured at December 31, 2022
Quoted
prices in
active
markets
(Level 1)
Significant
other
observable
inputs
(Level 2)
Significant
unobservable
inputs
(Level 3)
Total
Financial assets at fair value:
Cash and cash equivalents
Money market securities$50,010 $— $— $50,010 
Total financial assets at fair value$50,010 $— $— $50,010