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Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2022
Fair Value Disclosures [Abstract]  
Schedule of fair value hierarchy for assets and liabilities measured at fair value on recurring basis
The following tables present the Company’s fair value hierarchy for its assets that are measured at fair value on a recurring basis and indicate the level within the fair value hierarchy of the valuation techniques the Company utilized to determine such fair value (in thousands):
Fair Value Measurements at
March 31, 2022
Level 1Level 2Level 3Total
Cash equivalents$84,390$$$84,390
Marketable securities:
U.S. government agency securities and treasuries 129,418129,418
Corporate bonds49,84449,844
Total$84,390$179,262$$263,652
Fair Value Measurements at
December 31, 2021
Level 1Level 2Level 3Total
Cash equivalents$290,814$$$290,814
Total$290,814$$$290,814