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Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2023
Fair Value Disclosures [Abstract]  
Schedule of Assets Carried at Fair Value on a Hierarchy Basis

The following tables set forth by level, within the fair value hierarchy, the assets carried at fair value (in thousands):

 

 

 

Fair value measurements at June 30, 2023 using

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Cash Equivalents:

 

 

 

 

 

 

 

 

 

 

 

 

Government securities

 

$

180,095

 

 

$

-

 

 

$

-

 

 

$

180,095

 

Money market funds

 

 

1,556

 

 

 

 

 

 

-

 

 

 

1,556

 

Total financial assets

 

$

181,651

 

 

$

-

 

 

$

-

 

 

$

181,651

 

 

 

 

Fair value measurements at December 31, 2022 using

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Cash Equivalents:

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds

 

$

116,946

 

 

$

-

 

 

$

-

 

 

$

116,946

 

Total financial assets

 

$

116,946

 

 

$

-

 

 

$

-

 

 

$

116,946