Fair Value Measurement (Tables)

9 Months Ended

Sep. 30, 2022

Fair Value Disclosures [Abstract]

Financial Assets and Liabilities Measured at Fair Value on Recurring Basis

The following tables sets forth the fair value of the Company’s financial assets and liabilities at fair value on a recurring basis based on the three-tier fair value hierarchy (in thousands):

	September 30, 2022
	Level 1		Level 2		Level 3		Total
Financial Assets:
Money market funds	$	13,554	$	—	$	—	$	13,554
U.S. treasury securities		999		—		—		999
Commercial paper		—		35,206		—		35,206
U.S. government securities		—		6,974		—		6,974
Corporate bonds		—		3,974		—		3,974
Total financial assets	$	14,553	$	46,154	$	—	$	60,707

	December 31, 2021
	Level 1		Level 2		Level 3		Total
Financial Assets:
Money market funds	$	8,888	$	—	$	—	$	8,888
Commercial paper		—		65,412		—		65,412
Corporate bonds		—		12,574		—		12,574
Total financial assets	$	8,888	$	77,986	$	—	$	86,874