Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2023

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, 2023		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	$	58,856	$	58,856	$	—	$	—
Commercial paper		1,740		—		1,740		—
U.S. government and agency securities		10,951		—		10,951		—
Investments:
Corporate debt securities		84,365		—		84,365		—
Commercial paper		26,232		—		26,232		—
U.S. government and agency securities		45,274		—		45,274		—
	$	227,418	$	58,856	$	168,562	$	—
Financial liability
Embedded derivative liability	$	2,800	$	—	$	—	$	2,800

Description	As of December 31, 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	$	115,498	$	115,498	$	—	$	—
Commercial paper		7,629		—		7,629		—
Investments:
Corporate debt securities		78,143		—		78,143		—
Commercial paper		43,914		—		43,914		—
U.S. government and agency securities		20,722		—		20,722		—
	$	265,906	$	115,498	$	150,408	$	—
Financial liability
Embedded derivative liability	$	2,800	$	—	$	—	$	2,800