Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2022

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

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

The following tables set forth the Company’s financial instruments that were measured at fair value on a recurring basis by level within the fair value hierarchy as of June 30, 2022 and December 31, 2021:

	June 30, 2022
(in thousands)	Level 1		Level 2		Level 3		Total
Cash equivalents (money market funds)	$	778,004	$	—	$	—	$	778,004
Totals	$	778,004	$	—	$	—	$	778,004
	December 31, 2021
(in thousands)	Level 1		Level 2		Level 3		Total
Cash equivalents (money market funds)	$	797,448	$	—	$	—	$	797,448
Totals	$	797,448	$	—	$	—	$	797,448