Fair Value of Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2022

Fair Value Disclosures [Abstract]

Schedule of Fair Value of Company's Financial Assets

The fair value of the Company’s financial assets by level within the fair value hierarchy were as follows (in thousands):

	March 31, 2022
	Level 1		Level 2		Level 3
Money market fund (cash equivalent)	$	124,509	$	—	$	—
Money market fund (long-term restricted cash)		199	—		—
Marketable securities:
Commercial paper	—			50,904	—
Corporate debt	—			14,797	—
U.S. government agency	—			15,061	—
Asset-backed securities	—			3,007	—
Total assets measured at fair value	$	124,708	$	83,769	$	—

	December 31, 2021
	Level 1		Level 2		Level 3
Money market fund (cash equivalent)	$	26,472	$	—	$	—
Money market fund (long-term restricted cash)		199	—		—
Marketable securities (1):
Commercial paper	—			43,969	—
Corporate debt	—			17,072	—
U.S. government agency	—			5,053	—
Asset-backed securities	—			7,690	—
Total assets measured at fair value	$	26,671	$	73,784	$	—
(1) These items have been reclassified to conform to current period presentation.