Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2023

Fair Value Disclosures [Abstract]

Schedule of Financial Assets and Liabilities Measured at Fair Value

The following tables summarize the Company’s financial assets and liabilities measured at fair value on a recurring basis by level within the fair value hierarchy as of March 31, 2023 and December 31, 2022 (in thousands):

	March 31, 2023
	Level 1		Level 2		Level 3		Aggregate Fair Value
Financial Assets
Cash and cash equivalents:
Money market mutual funds	$	13,863	$	—	$	—	$	13,863
Total included in cash and cash equivalents	13,863		—		—		13,863
Investments:
U.S. Treasury securities	166,730		—		—		166,730
U.S. Government agencies	—		57,624		—		57,624
Corporate debt securities and commercial paper	—		47,530		—		47,530
Total included in short-term investments	166,730		105,154		—		271,884
Total assets	$	180,593	$	105,154	$	—	$	285,747

	December 31, 2022
	Level 1		Level 2		Level 3		Aggregate Fair Value
Financial Assets
Cash and cash equivalents:
Money market mutual funds	$	20,329	$	—	$	—	$	20,329
Total included in cash and cash equivalents	20,329		—		—		20,329
Investments:
U.S. Treasury securities	172,088		—		—		172,088
U.S. Government agencies	—		47,131		—		47,131
Corporate debt securities and commercial paper	—		46,960		—		46,960
Total included in short-term investments	172,088		94,091		—		266,179
Total assets	$	192,417	$	94,091	$	—	$	286,508