FAIR VALUE MEASUREMENTS OF FINANCIAL ASSETS (Tables)

12 Months Ended

Dec. 31, 2022

FAIR VALUE MEASUREMENTS OF FINANCIAL ASSETS

Schedule of fair value measurements of financial assets

The Company’s financial assets subject to fair value measurements on a recurring basis and the level of inputs used for such measurements were as follows:

	As of December 31, 2022
	Level 1		Level 2		Level 3		Total
	(in thousands)
Cash and Cash Equivalent
Money market funds	$	3,298	$	—	$	—	$	3,298
	$	3,298	$	—	$	—	$	3,298
Marketable Securities
Corporate debt securities	$	—	$	15,460	$	—	$	15,460
Commercial paper		—		14,999		—		14,999
U.S. Government debt securities		—		13,904		—		13,904
Total	$	—	$	44,363	$	—	$	44,363

	As of December 31, 2021
	Level 1		Level 2		Level 3		Total
	(in thousands)
Money market funds included in cash and cash equivalents	$	106,000	$	—	$	—	$	106,000