| 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:
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March 31, 2023 |
| (in thousands) |
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Level 1 |
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Level 2 |
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Level 3 |
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Total |
| Financial assets: |
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| Cash, cash equivalents and restricted cash |
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$ |
89,001
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$ |
—
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$ |
—
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$ |
89,001
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| Corporate bond |
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—
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62,053
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—
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62,053
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| Commercial paper |
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—
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176,283
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—
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176,283
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| Treasury bill |
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—
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7,103
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—
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7,103
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| Treasury bond |
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—
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26,527
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—
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26,527
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| Yankee bond |
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—
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567
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—
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567
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| Total financial assets |
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$ |
89,001
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$ |
272,533
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$ |
—
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$ |
361,534
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December 31, 2022 |
| (in thousands) |
|
Level 1 |
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Level 2 |
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Level 3 |
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Total |
| Financial assets: |
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| Cash, cash equivalents and restricted cash |
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$ |
94,172 |
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$ |
— |
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$ |
— |
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$ |
94,172 |
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| U.S. agency security |
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— |
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4,948 |
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— |
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4,948 |
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| Corporate bond |
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— |
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104,080 |
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— |
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104,080 |
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| Commercial paper |
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— |
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125,187 |
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— |
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125,187 |
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| Treasury bill |
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— |
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12,282 |
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— |
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12,282 |
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| Treasury bond |
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— |
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42,220 |
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— |
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42,220 |
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| Yankee bond |
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— |
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6,501 |
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— |
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6,501 |
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| Total financial assets |
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$ |
94,172 |
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$ |
295,218 |
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$ |
— |
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$ |
389,390 |
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