XML 36 R26.htm IDEA: XBRL DOCUMENT v3.23.3

Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2023

Fair Value Disclosures [Abstract]

Schedule of Fair Value of Financial Assets and Liabilities Measured 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, 2023
			Total Fair Value						Level 1						Level 2						Level 3
Assets:
Money market funds			$	32,234					$	32,234					$	—					$	—
Commercial paper			82,719						—						82,719						—
U.S. government-sponsored agency bonds			31,811						—						31,811						—
Corporate bonds			6,282						—						6,282						—
Asset-backed securities			10,501						—						10,501						—
Total			$	163,547					$	32,234					$	131,313					$	—
Liabilities:
Derivative liabilities for exit fees			$	2,055					$	—					$	—					$	2,055
Total			$	2,055					$	—					$	—					$	2,055

			December 31, 2022
			Total Fair Value						Level 1						Level 2						Level 3
Assets:
Money market funds			$	84,313					$	84,313					$	—					$	—
Commercial paper			25,291						—						25,291						—
Corporate bonds			999						—						999						—
U.S. government-sponsored agency bonds			1,479						—						1,479						—
Asset-backed securities			—						—						—						—
Total			$	112,082					$	84,313					$	27,769					$	—
Liabilities:
Derivative liability for exit fee			$	1,656					$	—					$	—					$	1,656
Total			$	1,656					$	—					$	—					$	1,656

X

- References

No definition available.

+ Details

Name:	us-gaap_FairValueDisclosuresAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482106/820-10-50-2

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482106/820-10-50-2

+ Details

Name:	us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration