Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2022

Fair Value Disclosures [Abstract]

Schedule Of Assets and Liabilities Measured At Fair Value On Recurring Basis

The fair value of the Company’s financial assets and liabilities measured at fair value on a recurring basis was determined using the following inputs:

	As of June 30, 2022
(In thousands)	Level 1		Level 2		Level 3		Total
Assets:
Cash equivalents:
U.S. Treasury securities, $19,960 at cost	$	19,984	$	—	$	—	$	19,984
Commercial Paper, $29,923 at cost		29,953		—		—		29,953
Marketable Securities:
U.S. Treasury securities, $59,629 at cost		59,639		—		—		59,639
Commercial Paper, $19,853 at cost		19,868		—		—		19,868
Total assets	$	129,444	$	—	$	—	$	129,444
Liabilities:
Warrant liability	$	—	$	3,169	$	—	$	3,169
Total liabilities	$	—	$	3,169	$	—	$	3,169

	As of December 31, 2021
(In thousands)	Level 1		Level 2		Level 3		Total
Liabilities:
Warrant liability	$	—	$	—	$	13,701	$	13,701
Total liabilities	$	—	$	—	$	13,701	$	13,701

Schedule of Reconciliation from Operating Balances to Closing Balances for Level 3 Values

The following table sets forth a reconciliation from the opening balances to the closing balances for Level 3 values:

(In thousands)
Balance at December 31, 2021	$	13,701
Warrant liability transferred out of Level 3		(13,701	)
Balance at June 30, 2022	$	—