Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2022

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:

	March 31, 2022
(in thousands)	Level 1		Level 2		Level 3		Total
Cash equivalents
Money market funds	$	58,406	$	—	$	—	$	58,406
Marketable securities
Corporate bonds		—		12,472		—		12,472
U.S. Treasuries		—		79,103		—		79,103
Total marketable securities		—		91,575		—		91,575
Restricted cash equivalents
Money market funds		2,413		—		—		2,413
Total	$	60,819	$	91,575	$	—	$	152,394

	December 31, 2021
(in thousands)	Level 1		Level 2		Level 3		Total
Cash equivalents
Money market funds	$	95,339	$	—	$	—	$	95,339
Marketable securities
Corporate bonds		—		12,609		—		12,609
U.S. Treasuries		—		75,059		—		75,059
Total marketable securities		—		87,668		—		87,668
Restricted cash equivalents
Money market funds		2,413		—		—		2,413
Total	$	97,752	$	87,668	$	—	$	185,420