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Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2021
Fair Value Disclosures [Abstract]  
Schedule of Fair Value of Company's Financial Assets and Liabilities
The following tables present the fair value of the Company’s financial assets determined using the inputs defined above (in thousands).
March 31, 2021
Level 1Level 2Level 3Total
Assets
Money market funds$111,827 $— $— $111,827 
U.S. government securities— 70,458 — 70,458 
Corporate notes— 24,488 — 24,488 
Commercial paper— 29,965 — 29,965 
Total$111,827 $124,911 $— $236,738 

December 31, 2020
Level 1Level 2Level 3Total
Assets
Money market funds$59,823 $— $— $59,823 
U.S. government securities— 190,677 — 190,677 
Corporate notes— 26,423 — 26,423 
Commercial paper— 29,489 — 29,489 
Total$59,823 $246,589 $— $306,412