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Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2021
Fair Value Disclosures [Abstract]  
Summary of Financial Assets and Liabilities Measured at Fair Value

The following tables present information about the Company’s financial assets and liabilities that have been measured at fair value at December 31, 2021 and 2020 and indicates the fair value hierarchy of the valuation inputs utilized to determine such fair value (in thousands):

 

Description

 

December 31, 2021

 

 

Quoted
Prices
in Active
Markets
(Level 1)

 

 

Significant
Other
Observable
Inputs
(Level 2)

 

 

Significant
Unobservable
Inputs
(Level 3)

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds, included in cash and cash
   equivalents

 

$

16,523

 

 

$

16,523

 

 

$

—

 

 

$

—

 

Total assets

 

$

16,523

 

 

$

16,523

 

 

$

—

 

 

$

—

 

 

 

Description

 

December 31, 2020

 

 

Quoted
Prices
in Active
Markets
(Level 1)

 

 

Significant
Other
Observable
Inputs
(Level 2)

 

 

Significant
Unobservable
Inputs
(Level 3)

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds, included in cash and cash
   equivalents

 

$

34,698

 

 

$

34,698

 

 

$

—

 

 

$

—

 

Total assets

 

$

34,698

 

 

$

34,698

 

 

$

—

 

 

$

—