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Fair Value of Financial Assets (Tables)
12 Months Ended
Dec. 31, 2022
Fair Value Disclosures [Abstract]  
Summary of Assets Measured at Fair Value on Recurring Basis

The following tables present information about the Company’s assets that are measured at fair value on a recurring basis and indicate the level of the fair value hierarchy utilized to determine such fair values:

 

 

 

Fair Value Measurements as of
December 31, 2022 using:

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Cash equivalents:

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds

 

$

1,661

 

 

$

 

 

$

 

 

$

1,661

 

Investments:

 

 

 

 

 

 

 

 

 

 

 

 

Commercial paper

 

 

 

 

 

12,814

 

 

 

 

 

 

12,814

 

Treasury bills

 

 

 

 

 

3,234

 

 

 

 

 

 

3,234

 

 

 

$

1,661

 

 

$

16,048

 

 

$

 

 

$

17,709

 

 

 

 

Fair Value Measurements as of
December 31, 2021 using:

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Cash equivalents:

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds

 

 

2,438

 

 

 

 

 

 

 

 

 

2,438

 

Investments:

 

 

 

 

 

 

 

 

 

 

 

 

Commercial paper

 

 

 

 

 

33,969

 

 

 

 

 

 

33,969

 

Corporate notes

 

 

 

 

 

6,366

 

 

 

 

 

 

6,366

 

Treasury bills

 

 

 

 

 

1,998

 

 

 

 

 

 

1,998

 

 

 

$

2,438

 

 

$

42,333

 

 

$

 

 

$

44,771