Fair Value Measurements and Investments (Tables)

6 Months Ended

Jun. 30, 2022

Fair Value Disclosures [Abstract]

Schedule of Investments Subject to Fair Value Measurements on a Recurring Basis

The following tables set forth the fair value of the Company’s investments subject to fair value measurements on a recurring basis and the level of inputs used in such measurements:

		June 30, 2022
	Valuation Hierarchy	Amortized Cost		Unrealized Gains		Unrealized Losses			Aggregate Fair Value
		(in thousands)
Assets
Money market funds	Level I	$	75,878	$	—	$	—		$	75,878
Restricted cash (money market funds)	Level I		917		—		—			917
U.S. Government bonds	Level I		100,037		—		(1,162	)		98,875
Total		$	176,832	$	—	$	(1,162	)	$	175,670

		December 31, 2021
	Valuation Hierarchy	Amortized Cost		Unrealized Gains		Unrealized Losses			Aggregate Fair Value
		(in thousands)
Assets
Money market funds	Level I	$	165,736	$	—	$	—		$	165,736
Restricted cash (money market funds)	Level I		917		—		—			917
U.S. Government bonds	Level I		99,938		—		(242	)		99,696
Total		$	266,591	$	—	$	(242	)	$	266,349