Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2022

Fair Value Disclosures [Abstract]

Summary of Company's Financial Assets Recognized at Fair Value

As of March 31, 2022 and December 31, 2021, the Company’s financial assets recognized at fair value consisted of the following:

	Fair Value as of March 31, 2022
	Total		Level 1		Level 2		Level 3
	(In thousands)
Cash equivalents	$	67,329	$	32,611	$	34,718	$	—
Marketable securities:
Commercial paper		46,591		—		46,591		—
U.S. government agency securities and treasuries		75,718		—		75,718		—
Total	$	189,638	$	32,611	$	157,027	$	—

	Fair Value as of December 31, 2021
	Total		Level 1		Level 2		Level 3
	(In thousands)
Cash equivalents	$	88,637	$	67,209	$	21,428	$	—
Marketable securities:
Commercial paper		68,431		—		68,431		—
U.S. government agency securities and treasuries		10,024		—		10,024		—
Total	$	167,092	$	67,209	$	99,883	$	—