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Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2022
Fair Value Measurements  
Schedule of fair value of financial assets

The following table presents the fair value of the Company’s financial assets determined using the inputs defined above (in thousands).

March 31, 2022

    

Level 1

    

Level 2

    

Level 3

    

Total

Assets:

Money market funds

$

35,422

$

$

 

$

35,422

Commercial paper

 

138,084

 

 

 

138,084

Corporate debt securities

45,350

45,350

U.S. Treasury and agency securities

77,648

77,648

Supranational and sovereign government securities

 

3,000

  

 

 

 

3,000

Total financial assets carried at fair value

$

35,422

$

264,082

  

$

 

$

299,504

December 31, 2021

    

Level 1

    

Level 2

    

Level 3

    

Total

Assets:

Money market funds

$

39,854

$

$

 

$

39,854

Commercial paper

 

 

157,141

 

 

 

157,141

Corporate debt securities

 

 

75,548

  

 

 

 

75,548

U.S. Treasury and agency securities

40,017

 

 

40,017

Supranational and sovereign government securities

 

 

6,010

  

 

 

 

6,010

Total financial assets carried at fair value

$

39,854

$

278,716

  

$

 

$

318,570