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Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2022
Fair Value Disclosures [Abstract]  
Schedule of financial assets measured at fair value
The following tables present information about the Company’s financial assets that are measured at fair value and indicate the fair value hierarchy of the valuation inputs used (in thousands):
June 30, 2022
Level 1Level 2Level 3Total
Marketable Securities:
  Corporate bonds$— $17,664 $— $17,664 
  Commercial paper— 52,442 — 52,442 
  U.S. Treasury securities— 30,376 — 30,376 
  Asset-backed securities— 12,643 — 12,643 
Total assets$— $113,125 $— $113,125 
December 31, 2021
Level 1Level 2Level 3Total
Marketable Securities:
  Corporate bonds$— $26,274 $— $26,274 
  Commercial paper— 33,481 — 33,481 
  Asset-backed securities— $10,066 $— 10,066 
Total assets$— $69,821 $— $69,821 
Investments Classified by Contractual Maturity Date
The following table classifies our marketable securities by contractual maturity (in thousands):
June 30, 2022December 31, 2021
Due in one year or less105,194 69,821 
Due after one year and within two years7,931 — 
Total113,125 69,821