Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2021

Fair Value Disclosures [Abstract]

Summary of Financial Assets and Liabilities Measured at Fair Value on Recurring Basis

The following tables present information about the Company’s financial assets and liabilities measured at fair value on a recurring basis:

	September 30, 2021
(in thousands)	Level 1		Level 2		Level 3		Total
Cash equivalents
Money market funds	$	100,084	$	—	$	—	$	100,084
Investments
Corporate bonds		—		7,845		—		7,845
U.S. Treasuries		—		75,089		—		75,089
Total investments		—		82,934		—		82,934
Restricted cash equivalents
Money market funds		2,413		—		—		2,413
Total	$	102,497	$	82,934	$	—	$	185,431
	December 31, 2020
(in thousands)	Level 1		Level 2		Level 3		Total
Money market fund	$	41,036	$	—	$	—	$	41,036
Total	$	41,036	$	—	$	—	$	41,036