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FAIR VALUE MEASUREMENTS (Tables)
9 Months Ended
Sep. 30, 2023
Fair Value Disclosures [Abstract]  
Schedule of Fair Value of Company's Financial Assets and Liabilities
The following tables present the fair value of the Company’s financial assets determined using the inputs defined above (in thousands):
September 30, 2023
Level 1Level 2Level 3Total
Assets
Money market funds$17,440 $— $— $17,440 
U.S. government securities— 110,995 — 110,995 
Total$17,440 $110,995 $— $128,435 

December 31, 2022
Level 1Level 2Level 3Total
Assets
Money market funds$24,263 $— $— $24,263 
U.S. government securities— 134,312 — 134,312 
Total$24,263 $134,312 $— $158,575