Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2022

Fair Value Disclosures [Abstract]

Summary of Financial Assets Measured at Fair Value on a Recurring Basis

The following table summarizes the Company’s financial assets measured at fair value on a recurring basis and classified under the appropriate level of the fair value hierarchy as described above (in thousands):

	March 31, 2022
	Total		Level 1		Level 2		Level 3
Financial Assets:
U.S. Treasury money market funds	$	22,334	$	22,334	$	—	$	—
U.S. Treasury securities		141,731		141,731		—		—
Commercial paper		74,744		—		74,744		—
U.S. agency bonds		1,197		—		1,197		—
Total	$	240,006	$	164,065	$	75,941	$	—

	December 31, 2021
	Total		Level 1		Level 2		Level 3
Financial Assets:
U.S. Treasury money market funds	$	60,375	$	60,375	$	—	$	—
U.S. Treasury securities		82,106		82,106		—		—
Commercial paper		46,687		—		46,687		—
Corporate debt securities		15,481		—		15,481		—
U.S. agency bonds		1,199		—		1,199		—
Total	$	205,848	$	142,481	$	63,367	$	—