Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2022

Fair Value Disclosures [Abstract]

Schedule of Financial Assets Measured at Fair Value on Recurring Basis

Financial assets measured at fair value on a recurring basis as of June 30, 2022 and December 31, 2021 were as follows (in thousands):

	As of June 30, 2022
	Level 1		Level 2		Level 3		Total
Investment securities:
U.S. government and agency obligations	$	149,890	$	33,911	$	—	$	183,801
Certificates of deposit		—		6,144		—		6,144
Corporate debt securities		—		149,876		—		149,876
Commercial paper		—		3,992		—		3,992
Asset-backed securities		—		2,400		—		2,400
Total Investment securities		149,890		196,323		—		346,213
Derivative Assets:
Radionetics Warrant		—		—		99		99
Total assets measured at fair value	$	149,890	$	196,323	$	99	$	346,312

	As of December 31, 2021
	Level 1		Level 2		Level 3		Total
Investment securities:
U.S. government and agency obligations	$	44,984	$	9,473	$	—	$	54,457
Certificates of deposit		—		5,732		—		5,732
Corporate debt securities		—		70,402		—		70,402
Asset-backed securities		—		2,421		—		2,421
Total Investment securities		44,984		88,028		—		133,012
Derivative Assets:
Radionetics Warrant		—		—		68		68
Total assets measured at fair value	$	44,984	$	88,028	$	68	$	133,080