Fair Value of Financial Assets and Liabilities (Tables)

3 Months Ended

Mar. 31, 2022

Fair Value Disclosures [Abstract]

Schedule of Assets Measured at Fair Value

As of March 31, 2022, and December 31, 2021, the Company’s cash equivalents consisted of money market funds, classified as Level 1 financial assets, as these assets are valued using quoted market prices in active markets without any valuation adjustment. The following table summarizes the Company’s financial assets measured at fair value on a recurring basis (in thousands):

	Fair Value Measurement as of
	March 31, 2022
	Level 1		Level 2		Level 3		Total
Assets
Money market funds	$	141,125	$	—	$	—	$	141,125
	$	141,125	$	—	$	—	$	141,125

	Fair Value Measurement as of
	December 31, 2021
	Level 1		Level 2		Level 3		Total
Assets
Money market funds	$	141,104	$	—	$	—	$	141,104
	$	141,104	$	—	$	—	$	141,104