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Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2023
Fair Value Disclosures [Abstract]  
Schedule of Assets Measured at Fair Value on Recurring Basis

Assets measured at fair value on a recurring basis were as follows:

Description

 

March 31,
2023

 

 

Quoted Prices
(Unadjusted) in
Active Markets
for Identical
Assets
(Level 1)

 

 

Significant Other
Observable
Inputs
(Level 2)

 

 

Significant
Unobservable
Inputs
(Level 3)

 

 

 

(in thousands)

 

Cash equivalents:

 

 

 

 

 

 

 

 

 

 

 

 

Money market mutual funds

 

$

39,454

 

 

$

39,454

 

 

$

 

 

$

 

Total cash equivalents

 

$

39,454

 

 

$

39,454

 

 

$

 

 

$

 

Short-term investments:

 

 

 

 

 

 

 

 

 

 

 

 

Commercial paper

 

$

31,297

 

 

$

 

 

$

31,297

 

 

$

 

US Treasury securities

 

 

57,202

 

 

 

 

 

 

57,202

 

 

 

 

Corporate debt securities

 

 

22,072

 

 

 

 

 

 

22,072

 

 

 

 

Total short-term investments

 

$

110,571

 

 

$

 

 

$

110,571

 

 

$

 

Total financial assets

 

$

150,025

 

 

$

39,454

 

 

$

110,571

 

 

$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Description

 

December 31,
2022

 

 

Quoted Prices
(Unadjusted) in
Active Markets
for Identical
Assets
(Level 1)

 

 

Significant Other
Observable
Inputs
(Level 2)

 

 

Significant
Unobservable
Inputs
(Level 3)

 

 

 

(in thousands)

 

Cash equivalents:

 

 

 

 

 

 

 

 

 

 

 

 

Money market mutual funds

 

$

33,967

 

 

$

33,967

 

 

$

 

 

$

 

Total cash equivalents

 

$

33,967

 

 

$

33,967

 

 

$

 

 

$

 

Short-term investments:

 

 

 

 

 

 

 

 

 

 

 

 

Commercial paper

 

$

57,138

 

 

$

 

 

$

57,138

 

 

$

 

US Treasury securities

 

 

64,825

 

 

 

 

 

 

64,825

 

 

 

 

Corporate debt securities

 

 

19,077

 

 

 

 

 

 

19,077

 

 

 

 

Total short-term investments

 

$

141,040

 

 

$

 

 

$

141,040

 

 

$

 

Total financial assets

 

$

175,007

 

 

$

33,967

 

 

$

141,040

 

 

$