Cash Equivalents and Investments (Tables)

6 Months Ended

Jun. 30, 2022

Investments, Debt and Equity Securities [Abstract]

Summary of Cash Equivalents and Investments

The following is a summary of the Company’s cash equivalents and investments in debt securities as of June 30, 2022 and December 31, 2021 (in thousands):

	June 30, 2022
	Amortized Cost Basis		Unrealized Gain		Unrealized Loss			Fair Value
Financial Assets
Cash and cash equivalents:
Money market mutual funds	$	11,041	$	—	$	—		$	11,041
U.S. Treasury securities		14,968		9		—			14,977
Corporate debt securities and commercial paper		5,985		7		—			5,992
Total included in cash and cash equivalents		31,994		16		—			32,010
Investments:
U.S. Treasury securities		185,887		—		(396	)		185,491
U.S. Government agencies		16,012		—		(8	)		16,004
Corporate debt securities and commercial paper		49,282		—		(5	)		49,277
Total included in short-term investments		251,181		—		(409	)		250,772
Total assets	$	283,175	$	16	$	(409	)	$	282,782
	December 31, 2021
	Amortized Cost Basis		Unrealized Gain		Unrealized Loss			Fair Value
Financial Assets
Cash and cash equivalents:
Money market mutual funds	$	48,595	$	—	$	—		$	48,595
Total included in cash and cash equivalents		48,595		—		—			48,595
Investments:
U.S. Treasury securities		44,349		—		(27	)		44,322
Corporate debt securities and commercial paper		39,012		14		—			39,026
Total included in short-term investments		83,361		14		(27	)		83,348
U.S. Treasury securities included in   long-term investments		3,993		—		(10	)		3,983
Total assets	$	135,949	$	14	$	(37	)	$	135,926