Investments (Tables)

6 Months Ended

Jun. 30, 2023

Investments, Debt and Equity Securities [Abstract]

Summary of Investments, Classified as Available-for-Sale

The following tables summarize our investments, which are classified as available-for-sale and recorded at fair value (in thousands):

	As of June 30, 2023
	Amortized Cost		Total Unrealized Gains		Total Unrealized Loss			Aggregate Fair Value
Corporate debt securities	$	84,741	$	—	$	(376	)	$	84,365
Commercial paper		26,275		—		(43	)		26,232
U.S. government and agency securities		45,465		1		(192	)		45,274
Total	$	156,481	$	1	$	(611	)	$	155,871

	As of December 31, 2022
	Amortized Cost		Total Unrealized Gains		Total Unrealized Loss			Aggregate Fair Value
Corporate debt securities	$	78,411	$	3	$	(271	)	$	78,143
Commercial paper		43,944		1		(31	)		43,914
U.S. government and agency securities		20,768		—		(46	)		20,722
Total	$	143,123	$	4	$	(348	)	$	142,779

Debt Securities Available-For-Sale

The following tables summarize our investments in an unrealized loss position for which an allowance for credit losses has not been recorded, aggregated by investment type and length of time in a continuous unrealized loss position (in thousands):

	As of June 30, 2023
	Less than 12 Months					12 Months or Longer					Total
	Aggregate Related Fair Value		Unrealized Losses			Aggregate Related Fair Value		Unrealized Losses			Aggregate Related Fair Value		Unrealized Losses
Corporate debt securities	$	77,264	$	(345	)	$	3,361	$	(31	)	$	80,625	$	(376	)
Commercial paper		26,232		(43	)		—		—			26,232		(43	)
U.S. government and agency securities		43,318		(192	)		—		—			43,318		(192	)
Total	$	146,814	$	(580	)	$	3,361	$	(31	)	$	150,175	$	(611	)

	As of December 31, 2022
	Less than 12 Months					12 Months or Longer				Total
	Aggregate Related Fair Value		Unrealized Losses			Aggregate Related Fair Value		Unrealized Losses		Aggregate Related Fair Value		Unrealized Losses
Corporate debt securities	$	72,820	$	(271	)	$	—	$	—	$	72,820	$	(271	)
Commercial paper		35,589		(31	)		—		—		35,589		(31	)
U.S. government and agency securities		20,722		(46	)		—		—		20,722		(46	)
Total	$	129,131	$	(348	)	$	—	$	—	$	129,131	$	(348	)