Fair Value Measurements (Tables)

6 Months Ended

Jun. 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:

	June 30, 2021
(in thousands)	Level 1		Level 2		Level 3		Total
Cash equivalents
Money market funds	$	107,835	$	—	$	—	$	107,835
Investments
U.S. Treasury securities		—		75,118		—		75,118
Restricted cash equivalents
Money market funds		1,559		—		—		1,559
Total	$	109,394	$	75,118	$	—	$	184,512
	December 31, 2020
(in thousands)	Level 1		Level 2		Level 3		Total
Money market fund	$	41,036	$	—	$	—	$	41,036
Total	$	41,036	$	—	$	—	$	41,036