Fair Value of Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2023

Fair Value of Financial Instruments [Abstract]

Schedule of Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis

The following tables present the Company’s financial assets and liabilities that are measured and carried at fair value and indicate the level within the fair value hierarchy of valuation techniques it utilizes to determine such fair value:

	September 30, 2023
	Level 1		Level 2		Level 3		Total
Cash equivalents:
Money market funds(a)	$	33,213	$	-	$	-	$	33,213
Restricted cash, non-current:
Money market funds(b)		745		-		-		745
Marketable debt securities:
Corporate bonds(c)		-		40,266		-		40,266
Total	$	33,958	$	40,266	$	-	$	74,224

	December 31, 2022
	Level 1		Level 2		Level 3		Total
Cash equivalents:
Money market funds(a)	$	13,284	$	-	$	-	$	13,284
Corporate bonds(a)		-		2,523		-		2,523
Restricted cash, non-current:
Money market funds(b)		745		-		-		745
Marketable debt securities:
Corporate bonds(c)		-		78,129		-		78,129
Total	$	14,029	$	80,652	$	-	$	94,681

(a) Money market funds and corporate debt securities with original maturities of 90 days or less are included within Cash and cash equivalents in the condensed consolidated balance sheets.

(b) Restricted Money market funds are included within Restricted Cash, non-current in the condensed consolidated balance sheets.

(c) Corporate debt securities with original maturities greater than 90 days are included within Marketable securities in the condensed consolidated balance sheets and classified as current or noncurrent based upon whether the maturity of the financial asset is less than or greater than 12 months.