Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Tables)

v3.22.2
Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2022
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis
The following table summarizes the financial assets (cash, cash equivalents, restricted cash and short-term investments) measured at fair value on a recurring basis:
June 30, 2022
(in thousands) Level 1 Level 2 Level 3 Total
Financial assets:
Cash, cash equivalents and restricted cash $ 151,632  $   $   $ 151,632 
Certificates of deposit   3,132    3,132 
Corporate bond   80,852    80,852 
Commercial paper 93,041      93,041 
Treasury bill   11,002    11,002 
Treasury bond   49,744    49,744 
Yankee bond   2,333    2,333 
Total financial assets $ 244,673  $ 147,063  $   $ 391,736 
December 31, 2021
(in thousands) Level 1 Level 2 Level 3 Total
Financial assets:
Cash, cash equivalents and restricted cash $ 231,900  $ —  $ —  $ 231,900 
Certificates of deposit —  3,140  —  3,140 
Corporate bond —  21,820  —  21,820 
Commercial paper 206,724  —  —  206,724 
Treasury bill —  2,494  —  2,494 
Total financial assets $ 438,624  $ 27,454  $ —  $ 466,078