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Fair Value of Financial Instruments (Tables)
6 Months Ended
Jun. 30, 2022
Fair Value Disclosures [Abstract]  
Schedule of Fair Value of Company's Financial Assets

 

June 30, 2022

 

 

Level 1

 

Level 2

 

Level 3

 

Money market fund (cash equivalent)

$

153,349

 

$

 

$

 

Money market fund (long-term restricted cash)

 

2,501

 

 

 

Marketable securities:

 

 

 

 

 

 

   Commercial paper

 

 

73,891

 

 

   Corporate debt

 

 

21,728

 

 

   U.S. government agency

 

 

46,827

 

 

Total assets measured at fair value

$

155,850

 

$

142,446

 

$

 

 

 

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.