Marketable Securities (Tables)

9 Months Ended

Sep. 30, 2022

Investments, Debt and Equity Securities [Abstract]

Summary of available-for-sale marketable securities

The following table summarizes the Company’s available-for-sale marketable securities as of September 30, 2022 and December 31, 2021:

	As of September 30, 2022
(in thousands)	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Estimated Fair Value
Marketable securities:
Short-term investments:
U.S. government securities	$	95,174	$	—	$	(1,217)	93,957
Non-U.S. government securities	9,339		—		(59)		9,280
Corporate debt securities	41,699		—		(239)		41,460
Commercial paper	30,817		—		—		30,817
Total	$	177,029	$	—	$	(1,515)	$	175,514

	As of December 31, 2021
(in thousands)	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Estimated Fair Value
Marketable securities:
Short-term investments:
U.S. government securities	$	105,043	$	3	$	(79)	$	104,967
Corporate debt securities	78,729		—		(52)		78,677
Commercial paper	85,896		—		—		85,896
Long-term investments:
U.S. government securities	59,414		—		(184)		59,230
Total	$	329,082	$	3	$	(315)	$	328,770