Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2022

Fair Value Disclosures [Abstract]

Summary of Assets and Liabilities that are Measured at Fair Value on a Recurring Basis

The following tables summarize our assets and liabilities that are measured at fair value on a recurring basis, by level, within the fair value hierarchy (in thousands):

	As of December 31, 2022
	Level 1		Level 2		Level 3
Available-for-sale debt securities	$	—	$	—	$	995
Money market fund	130,215		—		—
Total assets	$	130,215	$	—	$	995
Contingent consideration	—		—		836
Total liabilities	$	—	$	—	$	836

	As of December 31, 2021
	Level 1		Level 2		Level 3
Available-for-sale debt securities	$	—	$	—	$	1,122
Money market fund	30,215		—		—
Total assets	$	30,215	$	—	$	1,122
Contingent consideration	—		—		750
Total liabilities	$	—	$	—	$	750

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation

Our available-for-sale debt securities measured using Level 3 inputs have the following activity (in thousands):

	As of December 31,
	2022		2021		2020
Beginning balance	$	1,122	$	1,050	$	5,528
Change in fair value	(127)		72		434
Other-than-temporary impairment	—		—		(4,912)
Ending balance	$	995	$	1,122	$	1,050

Our financial guarantee measured using Level 3 inputs has the following activity (in thousands):

	As of December 31,
	2021		2020
Beginning balance	$	150	$	1,900
Change in fair value	—		(1,750)
Gain on cancellation of financial guarantee	(150)		—
Ending balance	$	—	$	150