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Fair Value Measurement (Tables)
12 Months Ended
Dec. 31, 2022
Fair Value Disclosures [Abstract]  
Financial Assets and Liabilities Measured and Recognized at Fair Value on a Recurring Basis

As of December 31, 2022 and January 1, 2022, financial assets and liabilities measured and recognized at fair value on a recurring basis and classified under the appropriate level of the fair value hierarchy as described above was as follows (in thousands):

 

 

 

As of December 31, 2022

 

 

As of January 1, 2022

 

 

 

Fair Value Measurements

 

 

Fair Value Measurements

 

(in thousands)

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds

 

$

12,496

 

 

$

 

 

$

 

 

$

12,496

 

 

$

23,359

 

 

$

 

 

$

 

 

$

23,359