XML 31 R21.htm IDEA: XBRL DOCUMENT v3.22.2
Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2022
Fair Value Disclosures [Abstract]  
Fair Value, Assets Measured on Recurring Basis

The following table summarizes our financial assets measured at fair value on a recurring basis (in thousands):

 

 

 

June 30, 2022

 

 

 

Total

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

Financial Assets:

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds

 

$

224,325

 

 

$

224,325

 

 

$

 

 

$

 

Corporate debt securities

 

 

63,362

 

 

 

 

 

 

63,362

 

 

 

 

U.S. government agency securities

 

 

49,124

 

 

 

 

 

 

49,124

 

 

 

 

Certificates of deposits

 

 

1,942

 

 

 

 

 

 

1,942

 

 

 

 

U.S. government securities

 

 

192,485

 

 

 

 

 

 

192,485

 

 

 

 

U.S. treasury bills

 

 

100,956

 

 

 

5,000

 

 

 

95,956

 

 

 

 

Total financial assets

 

$

632,194

 

 

$

229,325

 

 

$

402,869

 

 

$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2021

 

 

 

Total

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

Financial Assets:

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds

 

$

671,845

 

 

$

671,845

 

 

$

 

 

$

 

Corporate debt securities

 

 

10,006

 

 

 

 

 

 

10,006

 

 

 

 

U.S. government agency securities

 

 

4,843

 

 

 

 

 

 

4,843

 

 

 

 

Certificates of deposits

 

 

244

 

 

 

 

 

 

244

 

 

 

 

U.S. government securities

 

 

34,964

 

 

 

 

 

 

34,964

 

 

 

 

Total financial assets

 

$

721,902

 

 

$

671,845

 

 

$

50,057

 

 

$