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Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2021
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,

2021

 

 

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

 

$

104,166

 

 

$

104,166

 

 

$

 

 

$

 

Total cash equivalents

 

$

104,166

 

 

$

104,166

 

 

$

 

 

$

 

Short-term investments:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial paper

 

$

48,941

 

 

$

 

 

$

48,941

 

 

$

 

Corporate debt securities

 

 

35,292

 

 

 

 

 

 

35,292

 

 

 

 

Total short-term investments

 

$

84,233

 

 

$

 

 

$

84,233

 

 

$

 

Total financial assets

 

$

188,399

 

 

$

104,166

 

 

$

84,233

 

 

$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Description

 

December 31,

2020

 

 

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

 

$

217,181

 

 

$

217,181

 

 

$

 

 

$

 

Total financial assets

 

$

217,181

 

 

$

217,181

 

 

$

 

 

$