Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 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 June 30, 2022 and December 31, 2021 (in thousands):

	June 30, 2022
	Level 1		Level 2		Level 3		Total
Cash and cash equivalents	$	32,354	$	-	$	-	$	32,354
Money market funds		120,761		-		-		120,761
U.S. treasury securities		6,496						6,496
Asset-backed securities		-		12,517		-		12,517
Corporate debt securities		-		115,363		-		115,363
Total	$	159,611	$	127,880	$	-	$	287,491

	December 31, 2021
	Level 1		Level 2		Level 3		Total
Cash and cash equivalents	$	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