Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2022

Fair Value Disclosures [Abstract]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

The following table presents the Company’s assets and liabilities that are measured at fair value on a recurring basis as of March 31, 2022 and December 31, 2021:

	As of March 31, 2022
	Level 1		Level 2		Level 3		Total
Assets:
Available-for-Sale Investments
Asset backed securities	$	—	$	113,038	$	—	$	113,038
Certificates of deposits	—		6,000		—		6,000
Corporate notes and bonds	—		234,237		—		234,237
Commercial paper	—		129,202		—		129,202
Foreign government securities	—		18,151		—		18,151
US Government Securities	44,974		27,959		—		72,933
Total assets	$	44,974	$	528,588	$	—	$	573,562
Liabilities:
Private Common Stock Warrants	—		—		1,831		1,831
Total liabilities	$	—	$	—	$	1,831	$	1,831

	As of December 31, 2021
	Level 1		Level 2		Level 3		Total
Assets:
Available-for-Sale Investments
Asset backed securities	$	—	$	111,552	$	—	$	111,552
Certificates of deposits	—		6,002		—		6,002
Corporate notes and bonds	—		206,989		—		206,989
Commercial paper	—		109,391		—		109,391
Foreign government securities	—		8,181		—		8,181
US Government Securities	86,787		—		—		86,787
Total assets	$	86,787	$	442,114	$	—	$	528,902
Liabilities:
Private Common Stock Warrants	—		—		6,293		6,293
Total liabilities	$	—	$	—	$	6,293	$	6,293

Reconciliation of Level 3 Liabilities

The following is a rollforward of balances for Private Warrants:

	Private Warrants
Balance at December 31, 2021	$	6,293
Fair market value adjustment	(4,462)
Balance as of March 31, 2022	$	1,831