Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2022

Fair Value Measurements

Summary of fair value of the Company's financial assets

The following tables set forth the fair value of the Company’s financial assets by level within the fair value hierarchy as of June 30, 2022 and December 31, 2021:

	June 30, 2022
					Significant
			Quoted Prices in		Other
			Active Markets or		Observable		Significant
			Identical Assets		Inputs		Unobservable
(in thousands)	Total		(Level 1)		(Level 2)		(Level 3)
Cash equivalents:
Money market funds	$	19,016	$	19,016	$	—	$	—
Marketable securities:
Corporate bonds		157,329		—		157,329		—
Total	$	176,345	$	19,016	$	157,329	$	—

	December 31, 2021
					Significant
			Quoted Prices in		Other
			Active Markets or		Observable		Significant
			Identical Assets		Inputs		Unobservable
(in thousands)	Total		(Level 1)		(Level 2)		(Level 3)
Cash equivalents:
Money market funds	$	2,680	$	2,680	$	—	$	—
Marketable securities:
Corporate bonds		207,254		—		207,254		—
Total	$	209,934	$	2,680	$	207,254	$	—