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Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2022
Fair Value Disclosures [Abstract]  
Summary of Company's Financial Assets Measurement at Fair Value on Recurring Basis

The following table sets forth the Company’s financial assets that are measured at fair value on a recurring basis:

 

 

 

Total

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

 

(in thousands)

 

June 30, 2022

 

 

 

 

 

 

 

 

 

 

 

 

Cash and cash equivalents

 

$

123,163

 

 

$

123,163

 

 

$

 

 

$

 

Short-term investments

 

 

25,000

 

 

 

 

 

 

25,000

 

 

 

 

Restricted cash

 

 

3,651

 

 

 

3,651

 

 

 

 

 

 

 

Total

 

$

151,814

 

 

$

126,814

 

 

$

25,000

 

 

$

 

December 31, 2021

 

 

 

 

 

 

 

 

 

 

 

 

Cash and cash equivalents

 

$

150,564

 

 

$

150,564

 

 

$

 

 

$

 

Short-term investments

 

 

 

 

 

 

 

 

 

 

 

 

Restricted cash

 

 

3,651

 

 

 

3,651

 

 

 

 

 

 

 

Total

 

$

154,215

 

 

$

154,215

 

 

$

 

 

$