Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2022

Fair Value Disclosures [Abstract]

Schedule of Assets Measured at Fair Value on Recurring Basis

The following tables present information about the Company’s financial assets 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 September 30, 2022 and December 31, 2021 (in thousands):

	Fair Value Measurements at September 30, 2022:
	Level 1		Level 2		Level 3		Total
Assets:
Cash equivalents
Money market fund	$	45,209	$	—	$	—	$	45,209
US government agencies		19,893		—		—		19,893
Corporate bonds		74,794		—		—		74,794
Marketable securities, current
US treasuries		92,889		—		—		92,889
US government agencies		83,109		—		—		83,109
Corporate bonds		—		150,252		—		150,252
Marketable securities, non-current
US treasuries		25,547		—		—		25,547
US government agencies		52,121		—		—		52,121
Corporate bonds		—		36,033		—		36,033
Restricted cash		6,116				—		6,116
Total	$	399,678	$	186,285	$	—	$	585,963

	Fair Value Measurements at December 31, 2021:
	Level 1		Level 2		Level 3		Total
Assets:
Cash equivalents
Money market fund	$	43,182	$	—	$	—	$	43,182
Marketable securities, current
US treasuries		169,481		—		—		169,481
US government agencies		32,170		—		—		32,170
Corporate bonds		—		192,791		—		192,791
Marketable securities, non-current
US treasuries		17,172		—		—		17,172
US government agencies		47,363		—		—		47,363
Corporate bonds		—		60,652		—		60,652
Restricted cash		6,116		—		—		6,116
Total	$	315,484	$	253,443	$	—	$	568,927