XML 19 R10.htm IDEA: XBRL DOCUMENT v3.22.2
Fair Value Measurements of Financial Assets
6 Months Ended
Jun. 30, 2022
Fair Value Measurements of Financial Assets  
Fair Value Measurements of Financial Assets

3. Fair Value Measurements of Financial Assets

The Company’s financial assets subject to fair value measurements on a recurring basis and the level of inputs used for such measurements were as follows (in thousands):

As of June 30, 2022

Level 1

Level 2

Level 3

Total

Marketable Securities

Asset-backed securities

$

$

9,599

$

$

9,599

Corporate debt securities

16,853

16,853

Commercial paper

25,146

25,146

U.S. Government debt securities

17,062

17,062

Total

$

$

68,660

$

$

68,660

As of December 31, 2021

Level 1

Level 2

Level 3

Total

Cash Equivalents:

Money market funds included in cash and cash equivalents

$

106,000

$

$

$

106,000

During the three and six months ended June 30, 2022 and December 31, 2021, the Company had no transfers between Level 1, Level 2 or Level 3 financial assets.