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Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2022
Fair Value Disclosures [Abstract]  
Fair Value Measurements at Fair Value by Level Within Fair Value Hierarchy

The Company’s assets and liabilities that were measured at fair value by level within the fair value hierarchy were as follows:

 

 

 

As of June 30, 2022

 

 

 

Fair Value

 

 

Level 1

 

Financial assets:

 

 

 

 

 

 

Cash equivalents—money market funds

 

$

333,813

 

 

$

333,813

 

Marketable securities:

 

 

 

 

 

 

U.S. government Treasury bills

 

 

403,140

 

 

 

403,140

 

Total financial assets

 

$

736,953

 

 

$

736,953

 

 

 

 

 

 

 

 

 

 

As of December 31, 2021

 

 

 

Fair Value

 

 

Level 1

 

Financial assets:

 

 

 

 

 

 

Cash equivalents—money market funds

 

$

539,091

 

 

$

539,091

 

Marketable securities:

 

 

 

 

 

 

U.S. government Treasury bills

 

 

241,117

 

 

 

241,117

 

Total financial assets

 

$

780,208

 

 

$

780,208