Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2023

Fair Value Disclosures [Abstract]

Schedule of Financial Assets Measured at Fair Value on Recurring Basis and Level of Fair Value Hierarchy Utilized

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

	Fair value measurements as of September 30, 2023
	Level 1		Level 2		Level 3		Total
Cash equivalents:
Money market funds	$	186,165	$	—	$	—	$	186,165
Total	$	186,165	$	—	$	—	$	186,165
Marketable Securities:
Corporate bonds	$	—	$	—	$	—	$	—
Commercial paper		—		—		—	$	—
US Government debt securities		—		24,741		—	$	24,741
Total	$	—	$	24,741	$	—	$	24,741

	Fair value measurements as of December 31, 2022
	Level 1		Level 2		Level 3		Total
Cash equivalents:
Money market funds	$	111,927	$	—	$	—	$	111,927
Total	$	111,927	$	—	$	—	$	111,927
Marketable Securities:
Corporate bonds	$	—	$	34,527	$	—	$	34,527
Commercial paper		—		7,978		—		7,978
US Government debt securities		—		73,534		—		73,534
Total	$	—	$	116,039	$	—	$	116,039