XML 27 R17.htm IDEA: XBRL DOCUMENT v3.23.1

Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2023

Fair Value Disclosures [Abstract]

Schedule of the Company’s Assets and Liabilities that are Measured and Recognized at Fair Value on a Recurring Basis Classified Under the Appropriate Level of the Fair Value Hierarchy

The following table presents the Company’s assets and liabilities that are measured and recognized at fair value on a recurring basis classified under the appropriate level of the fair value hierarchy as of March 31, 2023, and December 31, 2022:

			Fair Value Measurements at March 31, 2023
(in thousands)			Quoted Prices in Active Markets for Identical Assets and Liabilities (Level 1)						Significant Other Observable Inputs (Level 2)						Significant Unobservable Inputs (Level 3)						Total
Assets:
Money market fund			$	14,158					$	—					$	—					$	14,158
Total included in cash and cash equivalents			14,158						—						—						14,158
Available for sale investments:
Certificate of deposit			—						13,925						—						13,925
Corporate debt securities			—						32,828						—						32,828
Commercial paper			—						10,398						—						10,398
U.S. government agencies			—						7,842												7,842
U.S. treasury securities			16,958						—						—						16,958
Total available for sale investments (1)			16,958						64,993						—						81,951
Total assets measured at fair value on a recurring basis			$	31,116					$	64,993					$	—					$	96,109

			Fair Value Measurements at December 31, 2022
(in thousands)			Quoted Prices in Active Markets for Identical Assets and Liabilities (Level 1)						Significant Other Observable Inputs (Level 2)						Significant Unobservable Inputs (Level 3)						Total
Assets:
Money market fund			$	15,722					$	—					$	—					$	15,722
Total included in cash and cash equivalents			15,722						—						—						15,722
Available for sale investments:
Certificate of deposit			—						16,023						—						16,023
Corporate debt securities			—						49,535						—						49,535
Commercial paper			—						13,187						—						13,187
U.S. government agencies			—						2,288						—						2,288
U.S. treasury securities			7,887						—						—						7,887
Total available for sale investments (1)			7,887						81,033						—						88,920
Total assets measured at fair value on a recurring basis			$	23,609					$	81,033					$	—					$	104,642

(1) Included in short-term investments in the accompanying balance sheets.

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 liabilities, 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). Where the quoted price in an active market for the identical liability is not available, the Level 1 input is the quoted price of an identical liability when traded as an asset.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258

+ Details

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