Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2022

Fair Value Disclosures [Abstract]

Schedule of Financial Assets and Liabilities Measured at Fair Value on Recurring Basis

The following table presents information about the Company’s financial assets and liabilities measured at fair value on a recurring basis and indicates the level of the fair value hierarchy utilized to determine such fair values:

	June 30, 2022
	Level 1		Level 2		Level 3		Total
	(in thousands)
Assets:
Money market funds	$	45,374	$	—	$	—	$	45,374
Short-term investments:
Treasury notes		6,000		—		—		6,000
Treasury bills		47,917		—		—		47,917
Commercial paper		—		62,835		—		62,835
Corporate debt securities		—		22,489		—		22,489
Restricted cash	419			—		—		419
Total financial assets	$	99,710	$	85,324	$	—	$	185,034

	December 31, 2021
	Level 1		Level 2		Level 3		Total
	(in thousands)
Assets:
Money market funds	$	49,271	$	—	$	—	$	49,271
Short-term investments:
Commercial paper		—		33,978		—		33,978
Corporate debt securities		—		11,949		—		11,949
Restricted cash		189		—		—		189
Total financial assets	$	49,460	$	45,927	$	—	$	95,387