Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Tables)

v3.22.2.2
Fair Value Measurements (Tables)
9 Months Ended
Sep. 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:
September 30, 2022
(in thousands) Level 1 Level 2 Level 3 Total
Financial assets:
Cash, cash equivalents and restricted cash $ 86,052  $   $   $ 86,052 
U.S. agency security   4,904    4,904 
Corporate bond   98,068    98,068 
Commercial paper 112,633      112,633 
Treasury bill   26,704    26,704 
Treasury bond   44,553    44,553 
Yankee bond   3,730    3,730 
Total financial assets $ 198,685  $ 177,959  $   $ 376,644 
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