Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2022

Fair Value Disclosures [Abstract]

Summary of Company's Financial Instruments Measured at Fair Value on a Recurring Basis

The following table summarize the Company’s financial instruments measured at fair value on a recurring basis at June 30, 2022 and December 31, 2021 (in thousands):

	Fair Value Measurement at End of Period Using:
			Quoted Prices
			In Active
			Markets		Significant
			For		Other		Significant
			Identical		Observable		Unobservable
			Assets		Inputs		Inputs
	Total		(Level 1)		(Level 2)		(Level 3)
As of June 30, 2022:
Assets:
Money market funds(1)	$	117,983	$	117,983	$	—	$	—
Certificates of deposit		5,692		5,692		—		—
U.S. Treasury securities		234,031		234,031		—		—
Total	$	357,706	$	357,706	$	—	$	—
As of December 31, 2021:
Assets:
Money market funds(1)	$	298,114	$	298,114	$	—	$	—
Certificates of deposit		5,771		5,771		—		—
U.S. Treasury securities		79,724		79,724		—		—
Total	$	383,609	$	383,609	$	—	$	—

(1)Included in cash and cash equivalents on the accompanying balance sheets.