Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2022

Fair Value Disclosures [Abstract]

Schedule of Fair Value Assets and Liabilities Measured on Recurring Basis

The following tables summarize the Company’s assets measured at fair value on a recurring basis as of March 31, 2022 and December 31, 2021 (in thousands):

	March 31, 2022
	Level 1		Level 2		Level 3		Total
Cash	$	20,800	$	-	$	-	$	20,800
Money market funds		167,772		-		-		167,772
U.S. treasury securities		6,483						6,483
Asset-backed securities		-		10,723		-		10,723
Corporate debt securities		-		110,196		-		110,196
Total	$	195,055	$	120,919	$	-	$	315,974

	December 31, 2021
	Level 1		Level 2		Level 3		Total
Cash	$	26,037	$	-	$	-	$	26,037
Money market funds		175,012		-		-		175,012
Asset-backed securities		-		21,147		-		21,147
Corporate debt securities		-		117,027		-		117,027
Total	$	201,049	$	138,174	$	-	$	339,223