Fair Value of Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2022

Fair Value Disclosures [Abstract]

Schedule of Financial Assets That Have Been Measured at Fair Value

The following tables present information about our financial assets and liability that have been measured at fair value and indicate the fair value hierarchy of the valuation inputs utilized to determine such fair value (in thousands):

Description	As of June 30, 2022		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Financial assets
Cash equivalents:
Money market funds	$	22,220	$	22,220	$	—	$	—
Commercial paper		14,490		—		14,490		—
Investments:
Corporate debt securities		21,038		—		21,038		—
Commercial paper		38,621		—		38,621		—
U.S. government and agency securities		28,939		—		28,939		—
	$	125,308	$	22,220	$	103,088	$	—
Financial liability
Embedded derivative liability	$	3,080	$	—	$	—	$	3,080

Description	As of December 31, 2021		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Financial assets
Cash equivalents:
Money market funds	$	32,947	$	32,947	$	—	$	—
U.S. government and agency securities		12,000		12,000		—		—
Commercial paper		11,998		—		11,998		—
Investments:
Corporate debt securities		24,269		—		24,269		—
Commercial paper		12,995		—		12,995		—
U.S. government and agency securities		892		—		892		—
	$	95,101	$	44,947	$	50,154	$	—
Financial liability
Embedded derivative liability	$	3,080	$	—	$	—	$	3,080