Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2022

Fair Value Disclosures [Abstract]

Summary of Marketable Securities by Security Type

The following tables set forth marketable securities for the periods presented:

	As of December 31, 2022
(in thousands)		Amortized Cost		Unrealized Gains		Unrealized Losses			Total
Commercial paper			3,955		—		—			3,955
Corporate debt securities			57,231		—		(526	)		56,705
Certificates of deposit			4,984		—		—			4,984
U.S. treasury notes			18,266		1		(46	)		18,221
Total		$	84,436	$	1	$	(572	)	$	83,865

	As of December 31, 2021
(in thousands)		Amortized Cost		Unrealized Gains		Unrealized Losses			Total
Commercial paper			12,635		—		—			12,635
Corporate debt securities			138,207		3		(249	)		137,961
Certificates of deposit			4,490		—		—			4,490
U.S. treasury notes			20,683		—		(23	)		20,660
Total		$	176,015	$	3	$	(272	)	$	175,746

Summary of Assets Carried at Fair Value on Recurring Basis

The following tables set forth by level, within the fair value hierarchy (see Note 2), the assets carried at fair value on a recurring basis for the periods presented:

	Fair Value Measurements as of December 31, 2022
(in thousands)	Level 1		Level 2		Level 3		Total
Assets:
Cash equivalents
Money market funds	$	9,381	$	—	$	—	$	9,381
Corporate debt securities		—		3,852		—		3,852
U.S. treasury notes		811		—		—		811
Marketable securities
Commercial paper		3,955		—		—		3,955
Corporate debt securities		—		56,705		—		56,705
Certificates of deposit		—		4,984		—		4,984
U.S. treasury notes		18,221		—		—		18,221
Total	$	32,368	$	65,541	$	—	$	97,909

	Fair Value Measurements as of December 31, 2021
(in thousands)	Level 1		Level 2		Level 3		Total
Assets:
Cash equivalents
Money market funds	$	95,565	$	—	$	—	$	95,565
Corporate debt securities		—		1,844		—		1,844
Marketable securities
Commercial paper		12,635		—		—		12,635
Corporate debt securities		—		137,961		—		137,961
Certificates of deposit		—		4,490		—		4,490
U.S. treasury notes		20,660		—		—		20,660
Total	$	128,860	$	144,295	$	—	$	273,155

Summary of Scheduled Maturity for Marketable Securities

The following table summarizes the scheduled maturity for the Company’s marketable securities for the periods presented:

(in thousands)	December 31,
	2022
Maturing in one year or less	$	82,429
Maturing after one year through two years		1,436
Maturing after two years		—
Total	$	83,865