Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2021

Schedule of Assets and Liabilities Measured at Fair Value on a Recurring Basis

Assets and liabilities measured at fair value on a recurring basis based on Level 1 and Level 2 fair value measurement criteria as of March 31, 2021 are as follows (in thousands):

			Fair Value Measurements Using
			Quoted Prices		Significant
			in Active		Other
	Balance as of		Markets for		Observable
	March 31,		Identical Assets		Inputs
	2021		(Level 1)		(Level 2)
Marketable securities:
US government	$	20,572	$	20,572	$	—
Corporate bonds		14,845		—		14,845
Money market funds⁽¹⁾		30,413		30,413		—
Total marketable securities	$	65,830	$	50,985	$	14,845

⁽¹⁾	Included within cash and cash equivalents on the condensed consolidated balance sheets.

Assets and liabilities measured at fair value on a recurring basis based on Level 1 and Level 2 fair value measurement criteria as of December 31, 2020 are as follows (in thousands):

			Fair Value Measurements Using
			Quoted Prices		Significant
			in Active		Other
	Balance as of		Markets for		Observable
	December 31,		Identical Assets		Inputs
	2020		(Level 1)		(Level 2)
Marketable securities:
US government	$	29,186	$	29,186	$	—
Corporate bonds		21,861		—		21,861
Money market funds⁽¹⁾		39,744		39,744		—
Total marketable securities	$	90,791	$	68,930	$	21,861

⁽¹⁾	Included within cash and cash equivalents on the condensed consolidated balance sheets.