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Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2023
Fair Value Disclosures [Abstract]  
Schedule 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 and indicate the level of the fair value hierarchy used to determine such fair values (in thousands):

 

 

 

Fair value measurements at March 31, 2023

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

    Cash equivalents

 

 

 

 

 

 

 

 

 

 

 

 

      Money market funds

 

$

5,850

 

 

$

-

 

 

$

-

 

 

$

5,850

 

Investments:

 

 

 

 

 

 

 

 

 

 

 

 

   Commercial paper

 

 

-

 

 

 

30,362

 

 

 

-

 

 

 

30,362

 

   Corporate bonds

 

 

-

 

 

 

48,751

 

 

 

-

 

 

 

48,751

 

   U.S. Government agencies

 

 

-

 

 

 

8,283

 

 

 

-

 

 

 

8,283

 

Total

 

$

5,850

 

 

$

87,396

 

 

$

-

 

 

$

93,246