XML 39 R22.htm IDEA: XBRL DOCUMENT
v3.23.3

Fair Value Measurements (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2023
Fair Value Disclosures [Abstract] |
Financial Assets and Liabilities Subject to Fair Value Measurements on Recurring Basis and Level of Inputs Used in Such Measurements by Major Security Type | Financial assets subject to fair value measurements on a recurring basis and the level of inputs used in such measurements by major security type as of September 30, 2023 and as of December 31, 2022 are presented in the following tables:
| September 30, 2023
| Level 1 |  | Level 2 |  | Level 3 |  | Fair Value
| (In thousands)
Financial Assets: |  |  |  |  |  |  |
Money market funds (1) | $ | 50,937 |  |  | $ | — |  |  | $ | — |  |  | $ | 50,937 |
Corporate bonds | — |  |  | 86,179 |  |  | — |  |  | 86,179 |
U.S. treasury securities | 310,957 |  |  | — |  |  | — |  |  | 310,957 |
U.S. agency securities | — |  |  | 41,266 |  |  | — |  |  | 41,266 |
Total financial assets | $ | 361,894 |  |  | $ | 127,445 |  |  | $ | — |  |  | $ | 489,339 |
| December 31, 2022
| Level 1 |  | Level 2 |  | Level 3 |  | Fair Value
| (In thousands)
Financial Assets: |  |  |  |  |  |  |
Money market funds (1) | $ | 10,679 |  |  | $ | — |  |  | $ | — |  |  | $ | 10,679 |
Commercial paper | — |  |  | 4,954 |  |  | — |  |  | 4,954 |
Corporate bonds | — |  |  | 153,256 |  |  | — |  |  | 153,256 |
U.S. treasury securities | 318,022 |  |  | — |  |  | — |  |  | 318,022 |
U.S. agency securities | — |  |  | 39,416 |  |  | — |  |  | 39,416 |
Total financial assets | $ | 328,701 |  |  | $ | 197,626 |  |  | $ | — |  |  | $ | 526,327 |
(1)Included within cash and cash equivalents on the Company’s condensed consolidated balance sheets

X
- Definition Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class 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://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482106/820-10-50-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -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_FairValueAssetsMeasuredOnRecurringBasisTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_FairValueDisclosuresAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration