Fair Value of Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2023

Fair Value Disclosures [Abstract]

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

The following fair value hierarchy table presents information about the Company’s assets and liabilities measured at fair value on a recurring basis:

	Fair value measurement at reporting date using
(in thousands)	Quoted prices in active markets for identical assets (Level 1)		Significant other observable inputs (Level 2)		Significant unobservable inputs (Level 3)
June 30, 2023
Assets:
Cash equivalents (Money Market Funds)	$	25,435	$	—	$	—
Marketable securities:
Agency securities		—		8,334		—
Corporate debt securities		—		123,418		—
U.S. government securities		—		96,791		—
Total	$	25,435	$	228,543	$	—
December 31, 2022
Assets:
Cash equivalents (Money Market Funds)	$	25,996	$	—	$	—
Marketable securities:
Corporate debt securities		—		161,543		—
U.S. government securities		—		9,580		—
Total	$	25,996	$	171,123	$	—