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Fair Value of Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2021
Fair Value Disclosures [Abstract]  
Schedule of Company's Classified Assets Measured at Fair Value on Recurring Basis

At December 31, 2021 and 2020, the Company has classified assets measured at fair value on a recurring basis as follows (in thousands):

 

 

 

Fair Value Measurements at Reporting Date Using

 

 

 

December 31,

 

 

Quoted Prices in Active

Markets for Identical

Assets

 

 

Significant Other

Observable Inputs

 

 

Significant

Unobservable Inputs

 

Description

 

2021

 

 

(Level 1)

 

 

(Level 2)

 

 

(Level 3)

 

Money market funds

 

$

16,437

 

 

$

16,437

 

 

$

 

 

$

 

Commercial paper

 

 

106,277

 

 

 

 

 

 

106,277

 

 

 

 

Corporate debt securities

 

 

5,873

 

 

 

 

 

 

5,873

 

 

 

 

U.S. government agency securities and treasuries

 

 

8,041

 

 

 

8,041

 

 

 

 

 

 

 

Total

 

$

136,628

 

 

$

24,478

 

 

$

112,150

 

 

$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fair Value Measurements at Reporting Date Using

 

 

 

December 31,

 

 

Quoted Prices in Active

Markets for Identical

Assets

 

 

Significant Other

Observable Inputs

 

 

Significant

Unobservable Inputs

 

Description

 

2020

 

 

(Level 1)

 

 

(Level 2)

 

 

(Level 3)

 

Money market funds

 

$

32,506

 

 

$

32,506

 

 

$

 

 

$

 

Commercial paper

 

 

40,477

 

 

 

 

 

 

40,477

 

 

 

 

Corporate debt securities

 

 

18,637

 

 

 

 

 

 

18,637

 

 

 

 

U.S. government agency securities and treasuries

 

 

8,823

 

 

 

8,823

 

 

 

 

 

 

 

Total

 

$

100,443

 

 

$

41,329

 

 

$

59,114

 

 

$