XML 33 R24.htm IDEA: XBRL DOCUMENT v3.23.1
Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2023
Fair Value Disclosures [Abstract]  
Schedule of Assets Measured At Fair Value on Recurring Basis
The following tables summarize assets that are measured at fair value on a recurring basis:
March 31, 2023
(in thousands)Level 1Level 2Level 3Total
Cash equivalents
Money market funds$223,314 $— $— $223,314 
Total cash equivalents$223,314 $— $— $223,314 
Short-term investments
Commercial paper$— $126,123 $— $126,123 
Corporate bonds— 44,337 — 44,337 
Asset backed securities— 25,146 — 25,146 
Certificates of deposit— 10,000 — 10,000 
Supranational bonds— 3,984 — 3,984 
Yankee bond— 3,993 — 3,993 
U.S. Treasury and agency obligations— 42,670 — 42,670 
Total short-term investments$— $256,253 $— $256,253 
December 31, 2022
(in thousands)Level 1Level 2Level 3Total
Cash equivalents
Money market funds$201,476 $— $— $201,476 
Total cash equivalents$201,476 $— $— $201,476 
Short-term investments
Commercial paper$— $143,718 $— $143,718 
Corporate bonds— 37,584 — 37,584 
Asset backed securities— 19,573 — 19,573 
Certificates of deposit— 10,000 — 10,000 
Supranational bonds— 3,950 — 3,950 
U.S. Treasury and agency obligations— 51,744 — 51,744 
Total short-term investments$— $266,569 $— $266,569