Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2023

Fair Value Measurements [Abstract]

Fair Value, by Balance Sheet Grouping

The following table provides the fair value measurements of applicable Company assets that are measured at fair value on a recurring basis according to the fair value levels defined above as of September 30, 2023 and December 31, 2022. There were no transfers between Level 1 and Level 2 during the periods presented.

	Fair Value as of September 30, 2023
	Level 1		Level 2		Level 3		Total
	(in thousands)
Cash and cash equivalents	$	21,116	$	—	$	—	$	21,116
Short-term investments	191,439		5,872		—		197,311
Total cash and cash equivalents and investments	$	212,555	$	5,872	$	—	$	218,427

	Fair Value as of December 31, 2022
	Level 1		Level 2		Level 3		Total
	(in thousands)
Cash and cash equivalents	$	46,345	$	—	$	—	$	46,345
Short-term investments	73,680		18,332		—		92,012
Total cash and cash equivalents and investments	$	120,025	$	18,332	$	—	$	138,357