Fair Value Measurements of Financial Assets (Tables)

3 Months Ended

Mar. 31, 2023

Fair Value Measurements of Financial Assets

Schedule of 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:

	As of March 31, 2023
	Level 1		Level 2		Level 3		Total
	(in thousands)
Cash and Cash Equivalents:
Money market funds	$	9,786	$	—	$	—	$	9,786
	$	9,786	$	—	$	—	$	9,786
Marketable Securities
Corporate debt securities	$	—	$	9,555	$	—	$	9,555
Commercial paper		—		6,486		—		6,486
U.S. Government debt securities		—		1,986		—		1,986
Total	$	—	$	18,027	$	—	$	18,027

	As of December 31, 2022
	Level 1		Level 2		Level 3		Total
	(in thousands)
Cash and Cash Equivalents:
Money market funds	$	3,298	$	—	$	—	$	3,298
	$	3,298	$	—	$	—	$	3,298
Marketable Securities
Corporate debt securities	$	—	$	15,460	$	—	$	15,460
Commercial paper		—		14,999		—		14,999
U.S. Government debt securities		—		13,904		—		13,904
Total	$	—	$	44,363	$	—	$	44,363