Cash Equivalents and Marketable Securities (Tables)

3 Months Ended

Mar. 31, 2023

Investments Debt And Equity Securities [Abstract]

Schedule of Estimated Fair Value of Cash Equivalents and Marketable Securities

The following tables summarize the estimated fair value of the Company’s cash equivalents and marketable securities and the gross unrealized gains and losses (in thousands):

	March 31, 2023
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Estimated Fair Value
Cash equivalents:
Money market funds	$	29,544	$	—	$	—	$	29,544
Commercial paper		2,740		1		—		2,741
Total cash equivalents		32,284		1		—		32,285
Marketable securities:
Commercial paper		2,484		1		—		2,485
Corporate bonds		749		1		—		750
Total marketable securities	$	3,233	$	2	$	—	$	3,235

	December 31, 2022
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Estimated Fair Value
Cash equivalents:
Money market funds	$	15,250	$	—	$	—		$	15,250
Commercial paper		7,021		1		(2	)		7,020
U.S. government securities		3,736		—		(1	)		3,735
Total cash equivalents		26,007		1		(3	)		26,005
Marketable securities:
Commercial paper		16,644		2		(25	)		16,621
Corporate bonds		3,738		—		(6	)		3,732
U.S. government securities		495		—		—			495
Total marketable securities	$	20,877	$	2	$	(31	)	$	20,848

Schedule of Gross Unrealized Losses and Fair Value by Investment Category and Age

The following table summarizes the available-for-sale securities in an unrealized loss position for which an allowance for credit losses has not been recorded as of March 31, 2023 and December 31, 2022, aggregated by major security type and length of time in a continuous unrealized loss position:

	March 31, 2023
	Less Than 12 Months					12 Months or Longer				Total
	Fair Value		Unrealized Losses			Fair Value		Unrealized Losses		Fair Value		Unrealized Losses
Commercial paper	$	993	$	(1	)	$	—	$	—	$	993	$	(1	)
Total marketable securities	$	993	$	(1	)	$	—	$	—	$	993	$	(1	)

	December 31, 2022
	Less Than 12 Months					12 Months or Longer				Total
	Fair Value		Unrealized Losses			Fair Value		Unrealized Losses		Fair Value		Unrealized Losses
Commercial paper	$	17,699	$	(27	)	$	—	$	—	$	17,699	$	(27	)
U.S. government securities		3,735		(1	)		-		-		3,735	$	(1	)
Corporate bonds		3,732		(6	)		—		—		3,732		(6	)
Total marketable securities	$	25,166	$	(34	)	$	—	$	—	$	25,166	$	(34	)

Summary of Contractual Maturities of Marketable Securities at Estimated Fair Value

The following table summarizes the contractual maturities of the Company’s marketable securities at estimated fair value (in thousands):

	March 31,		December 31,
	2023		2022
Due in one year or less	$	3,235	$	20,848
Due thereafter		—		—
Total marketable securities	$	3,235	$	20,848