XML 35 R25.htm IDEA: XBRL DOCUMENT v3.22.2.2
Fair Value Measurements (Tables)
 9 Months Ended
Sep. 30, 2022
Fair Value Disclosures [Abstract]  
Summary of Fair Value of Financial Assets and Liabilities Measured or Disclosed on a Recurring Basis
The following table sets forth the fair value of our financial assets and liabilities that are measured or disclosed on a recurring basis by level within the fair value hierarchy (in thousands):
September 30, 2022
Total
Fair Value		Level 1Level 2Level 3
Assets:
Money market funds$60,976 $60,976 $— $— 
Commercial paper20,538 — 20,538 — 
U.S. government-sponsored agency bonds1,479 — 1,479 — 
Corporate bonds996 — 996 — 
U.S. treasury notes5,982 — 5,982 — 
Total$89,971 $60,976 $28,995 $— 
Liabilities:
Derivative liabilities for exit fees$1,127 $— $— $1,127 
Total$1,127 $— $— $1,127 

December 31, 2021
Total
Fair Value		Level 1Level 2Level 3
Assets:
Money market funds$71,175 $71,175 $— $— 
Commercial paper31,935 — 31,935 — 
Corporate bonds7,022 — 7,022 — 
Asset-backed securities5,304 — 5,304 — 
Total$115,436 $71,175 $44,261 $— 
Liabilities:
Derivative liability for exit fee$698 $— $— $698 
Total$698 $— $— $698