Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2022

Fair Value Disclosures [Abstract]

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

The following table presents information about the Company’s financial assets and liabilities measured at fair value on a recurring basis (in thousands):

	FAIR VALUE MEASUREMENTS AS OF JUNE 30, 2022
	LEVEL 1		LEVEL 2		LEVEL 3		TOTAL
Assets:
Money market funds	$	80,069	$	—	$	—	$	80,069
U.S. treasury securities		4,748		—		—		4,748
Commercial paper		—		8,693		—		8,693
Asset-backed securities		—		2,001		—		2,001
Total Assets	$	84,817	$	10,694	$	—	$	95,511

	FAIR VALUE MEASUREMENTS AS OF DECEMBER 31, 2021
	LEVEL 1		LEVEL 2		LEVEL 3		TOTAL
Assets:
Money market funds	$	98,900	$	—	$	—	$	98,900
U.S. treasury securities		4,804		—		—		4,804
Commercial paper		—		11,084		—		11,084
Asset-backed securities		—		2,018		—		2,018
Corporate bonds		—		5,267		—		5,267
Total Assets	$	103,704	$	18,369	$	—	$	122,073