Fair Value Measurement (Tables)

3 Months Ended

Mar. 31, 2022

Fair Value Disclosures [Abstract]

Schedule of Financial Assets and Liabilities Measured at Fair Value on Recurring Basis

Financial assets and liabilities subject to fair value measurements on a recurring basis and the level of inputs used in such measurements are as follows (in thousands):

	March 31, 2022
	Level 1		Level 2		Level 3		Aggregate fair value
Assets:
Money market funds	$	4,789	$	—	$	—	$	4,789
U.S. government treasury securities		1,250		—		—		1,250
Fixed income securities		—		38,536		—		38,536
Asset backed securities		—		23,972		—		23,972
Total assets	$	6,039	$	62,508	$	—	$	68,547

	December 31, 2021
	Level 1		Level 2		Level 3		Aggregate Fair Value
Assets:
Money market funds	$	3,180	$	—	$	—	$	3,180
Fixed income securities		—		54,224		—		54,224
Asset backed securities		—		28,351		—		28,351
Total assets	$	3,180	$	82,575	$	—	$	85,755

Contractual Maturities of Available for Sale Securities

The contractual maturities of available-for-sale securities of March 31, 2022 are as follows (in thousands):

Within one year	$	34,854
Within one to five years		27,654
Total contractual maturities	$	62,508