XML 83 R25.htm IDEA: XBRL DOCUMENT v3.22.0.1
Marketable Securities and Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2021
Fair Value Disclosures [Abstract]  
Summary of Available for Sale Marketable Securities By Security Type
As of December 31, 2021, available for sale marketable securities by security type consisted of (in thousands):
Amortized
Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Estimated
Fair
Value
Commercial paper (due within one year)$36,246 $— $(3)$36,243 
Corporate notes and bonds (due within one year)16,917 — (7)16,910 
Total$53,163 $— $(10)$53,153 
As of December 31, 2020, available for sale marketable securities by security type consisted of (in thousands):
Amortized
Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Estimated
Fair
Value
U.S. treasury notes (due within one year)$92,982 $— $(7)$92,975 
Total$92,982 $— $(7)$92,975 
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis
The following tables present the Company’s fair value hierarchy for its assets and liabilities, which were measured at fair value on a recurring basis (in thousands):
Fair Value Measurements at
December 31, 2021 Using:
Level 1Level 2Level 3Total
Assets:
Cash equivalents:
Money market funds
$82,252 $— $— $82,252 
Commercial paper— 18,496 — 18,496 
Marketable securities:
Commercial paper— 36,243 — 36,243 
Corporate notes and bonds— 16,910 — 16,910 
Total$82,252 $71,649 $— $153,901 
Fair Value Measurements at
December 31, 2020 Using:
Level 1Level 2Level 3Total
Assets:
Cash equivalents:
Money market funds$48,770 $— $— $48,770 
U.S. treasury notes— 42,997 — 42,997 
Marketable securities:
U.S. treasury notes— 92,975 — 92,975 
Total$48,770 $135,972 $— $184,742