Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2021

Fair Value Disclosures [Abstract]

Summary of Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis

The following tables summarize the fair value of the Company’s financial assets and liabilities measured at fair value on a recurring basis by level within the fair value hierarchy (in thousands):

		December 31, 2021
	Valuation Hierarchy	Amortized Cost		Gross Unrealized Holding Gains		Gross Unrealized Holding Losses			Aggregate Fair Value
Assets:
Cash equivalents:
Money market funds	Level 1	$	74,109	$	—	$	—		$	74,109
Short-term investments:
Commercial paper	Level 2		85,352		—		(27	)		85,325
Corporate debt	Level 2		48,814		—		(24	)		48,790
Government bonds	Level 2		33,809		—		(52	)		33,757
Total assets		$	242,084	$	—	$	(103	)	$	241,981

		December 31, 2020
	Valuation Hierarchy	Amortized Cost		Gross Unrealized Holding Gains		Gross Unrealized Holding Losses			Aggregate Fair Value
Assets:
Cash equivalents:
Money market funds	Level 1	$	267,968	$	—	$	—		$	267,968
Short-term investments:
Commercial paper	Level 2		59,930		—		—			59,930
Corporate bonds	Level 2		22,717		1		(7	)		22,711
Total assets		$	350,615	$	1	$	(7	)	$	350,609