Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2022

Fair Value Disclosures [Abstract]

Schedule of Financial Assets and Liabilities to Fair Value Measurements on Recurring Basis

Financial assets and liabilities subject to fair value measurements on a recurring basis and the level of inputs used in such measurements by major security type as of June 30, 2022 and December 31, 2021 are presented in the following tables (in thousands):

	Fair Value Measurements at June 30, 2022
	Total		Level 1		Level 2		Level 3
Money market funds	$	26,432	$	26,432	$	—	$	—
Certificates of Deposit		6,268		—		6,268		—
Repurchase Agreements		6,000		—		6,000		—
Corporate notes		18,083		—		18,083		—
Government and agency notes		32,387		—		32,387		—
Municipal notes		1,231		—		1,231		—
Commercial Paper		1,896		—		1,896		—
Total	$	92,297	$	26,432	$	65,865	$	—

	Fair Value Measurements at December 31, 2021
	Total		Level 1		Level 2		Level 3
Money market funds	$	15,954	$	15,954	$	—	$	—
Certificates of Deposit		11,503		—		11,503		—
Repurchase Agreements		13,500		—		13,500		—
Corporate notes		38,397		—		38,397		—
Government and agency notes		5,178		—		5,178		—
Municipal notes		1,933		—		1,933		—
Total	$	86,465	$	15,954	$	70,511	$	—

Summary of Available-for-Sale Securities

The following table summarizes the available-for-sale securities (in thousands):

	Fair Value Measurements at June 30, 2022
	Amortized Cost		Unrealized Gains		Unrealized Losses			Fair Value
Money market funds	$	26,432	$	—	$	—		$	26,432
Certificates of Deposit		6,415		—		(147	)		6,268
Repurchase Agreements		6,000		—		—			6,000
Corporate notes		18,377		—		(294	)		18,083
Government and agency notes		32,558		—		(171	)		32,387
Commercial Paper		1,898		—		(2	)		1,896
Municipal notes		1,240		—		(9	)		1,231
Total cash equivalents and investments	$	92,920	$	—	$	(623	)	$	92,297
Classified as:
Cash equivalents (maturities within 90 days)								$	33,532
Short-term investments (maturities within one year)									47,736
Long-term investments (maturities beyond 1 year)									11,029
Total cash equivalents and investments								$	92,297

	Fair Value Measurements at December 31, 2021
	Amortized Cost		Unrealized Gains		Unrealized Losses			Fair Value
Money market funds	$	15,954	$	—	$	—		$	15,954
Certificates of Deposit		11,511		12		(20	)		11,503
Repurchase Agreements		13,500		—		—			13,500
Corporate notes		38,470		6		(79	)		38,397
Government and agency notes		5,195		—		(17	)		5,178
Municipal notes		1,934		—		(1	)		1,933
Total cash equivalents and investments	$	86,564	$	18	$	(117	)	$	86,465
Classified as:
Cash equivalents (maturities within 90 days)								$	29,454
Short-term investments (maturities within one year)									37,078
Long-term investments (maturities beyond 1 year)									19,933
Total cash equivalents and investments								$	86,465