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

The following table presents information about the Company’s financial assets and liabilities measured at fair value on a recurring basis and indicates the level of the fair value hierarchy utilized to determine such fair values as of December 31, 2022 and 2021:

 

 

 

Fair Value Measurements as of
December 31, 2022

 

 

 

Level 1

Level 2

Level 3

Total

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

Cash equivalents—money market funds

 

$

91,095

 

 

$

 

 

$

 

 

$

91,095

 

 

 

$

91,095

 

 

$

 

 

$

 

 

$

91,095

 

 

 

 

Fair Value Measurements as of
December 31, 2021

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

Cash equivalents—money market funds

 

$

189,332

 

 

$

 

 

$

 

 

$

189,332

 

 

 

$

189,332

 

 

$

 

 

$

 

 

$

189,332