XML 38 R27.htm IDEA: XBRL DOCUMENT
v3.23.2

Fair Value Measurements (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2023
Fair Value Disclosures [Abstract] |
Schedule of Assets Measured at Fair Value on a Recurring Basis | The following tables summarize the Company’s financial assets measured at fair value as of June 30, 2023 and December 31, 2022:
| Amortized cost or carrying value |  | Unrealized gains |  | Unrealized losses |  | Fair value measurements on a recurring basis June 30, 2023
Level 1 |  | Level 2 |  | Level 3 |  | Total
| (In thousands)
Financial assets: |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents: |  |  |  |  |  |  |  |  |  |  |  |  |
Money market account | $ | 57,105 |  |  | $ | — |  |  | $ | — |  |  | $ | 57,105 |  |  | $ | — |  |  | $ | — |  |  | $ | 57,105 |
Corporate debt securities | 177 |  |  | — |  |  | — |  |  | — |  |  | 177 |  |  | — |  |  | 177 |
Commercial paper | 15,220 |  |  | — |  |  | — |  |  | 15,220 |  |  | — |  |  | — |  |  | 15,220 |
Total included in cash and cash equivalents | 72,502 |  |  | — |  |  | — |  |  | 72,325 |  |  | 177 |  |  | — |  |  | 72,502 |
Marketable securities: |  |  |  |  |  |  |  |  |  |  |  |  |
Corporate debt securities | 3,720 |  |  | 16 |  |  | — |  |  | — |  |  | 3,736 |  |  | — |  |  | 3,736 |
Commercial paper | 26,590 |  |  | 424 |  |  | — |  |  | 27,014 |  |  | — |  |  | — |  |  | 27,014 |
Total marketable securities | 30,310 |  |  | 440 |  |  | — |  |  | 27,014 |  |  | 3,736 |  |  | — |  |  | 30,750 |
Total financial assets | $ | 102,812 |  |  | $ | 440 |  |  | $ | — |  |  | $ | 99,339 |  |  | $ | 3,913 |  |  | $ | — |  |  | $ | 103,252 |
| Amortized cost or carrying value |  | Unrealized gains |  | Unrealized losses |  | Fair value measurements on a recurring basis December 31, 2022
Level 1 |  | Level 2 |  | Level 3 |  | Total
| (In thousands)
Financial assets: |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents: |  |  |  |  |  |  |  |  |  |  |  |  |
Money market account | $ | 36,728 |  |  | $ | — |  |  | $ | — |  |  | $ | 36,728 |  |  | $ | — |  |  | $ | — |  |  | $ | 36,728 |
Commercial paper | 28,254 |  |  | — |  |  | — |  |  | 28,254 |  |  | — |  |  | — |  |  | 28,254 |
Total included in cash and cash equivalents | 64,982 |  |  | — |  |  | — |  |  | 64,982 |  |  | — |  |  | — |  |  | 64,982 |
Marketable securities: |  |  |  |  |  |  |  |  |  |  |  |  |
Time deposits | 6,645 |  |  | — |  |  | (15) |  |  | 6,630 |  |  | — |  |  | — |  |  | 6,630 |
U.S. treasury securities | 14,718 |  |  | 74 |  |  | — |  |  | 14,792 |  |  | — |  |  | — |  |  | 14,792 |
Corporate debt securities | 23,412 |  |  | — |  |  | (97) |  |  | — |  |  | 23,315 |  |  | — |  |  | 23,315 |
Commercial paper | 26,142 |  |  | 352 |  |  | — |  |  | 26,494 |  |  | — |  |  | — |  |  | 26,494 |
Total marketable securities | 70,917 |  |  | 426 |  |  | (112) |  |  | 47,916 |  |  | 23,315 |  |  | — |  |  | 71,231 |
Total financial assets | $ | 135,899 |  |  | $ | 426 |  |  | $ | (112) |  |  | $ | 112,898 |  |  | $ | 23,315 |  |  | $ | — |  |  | $ | 136,213 |
Schedule of Contractual Maturities of Marketable Securities | The following table summarizes the contractual maturities of marketable securities as of June 30, 2023:
| Amortized cost |  | Aggregate fair value
| (In thousands)
Financial assets: |  |  |
Less than one year | $ | 30,310 |  |  | $ | 30,750 |
Total | $ | 30,310 |  |  | $ | 30,750 |

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 marketable securities. This may consist of investments in certain debt and equity securities, short-term investments and other assets. + References No definition available. + Details
Name: | us-gaap_MarketableSecuritiesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
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