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