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Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2023
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis
The Company’s financial assets and liabilities subject to fair value measurements on a recurring basis and the level of inputs used for such measurements were as follows (in thousands):
Fair Value Measured as of June 30, 2023:
Level 1Level 2Level 3Total
Assets included in:    
Money market funds included in cash and cash equivalents$389,043 $— $— $389,043 
Equity investment2,750 — — 2,750 
Total fair value$391,793 $— $— $391,793 
Fair Value Measured as of December 31, 2022:
Level 1Level 2Level 3Total
Assets included in:    
Money market funds included in cash and cash equivalents$601,045 $— $— $601,045 
Equity investment3,140 — — 3,140 
Total fair value$604,185 $— $— $604,185