| Assets and Liabilities Measured at Fair Value |
The Company’s financial assets and liabilities subject to fair value measurements on a recurring basis and the level of inputs used in such measurements were as follows (in thousands):
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December 31, 2021 |
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Description |
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Total |
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Level 1 |
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Level 2 |
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Level 3 |
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Cash equivalents: |
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Money market funds |
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$ |
79,281 |
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$ |
79,281 |
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$ |
— |
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$ |
— |
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Commercial paper |
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|
1,000 |
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— |
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|
1,000 |
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— |
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Corporate debt securities |
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|
1,031 |
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— |
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|
1,031 |
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— |
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Total cash equivalents |
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81,312 |
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79,281 |
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|
2,031 |
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— |
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Short-term marketable securities: |
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Certificates of deposit |
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5,594 |
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— |
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5,594 |
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— |
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Commercial paper |
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44,974 |
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— |
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44,974 |
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— |
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Corporate debt securities |
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26,953 |
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— |
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26,953 |
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— |
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U.S. treasuries |
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12,269 |
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12,269 |
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— |
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— |
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U.S. government debt securities |
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|
1,999 |
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— |
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|
1,999 |
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— |
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Asset backed securities |
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|
16,557 |
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— |
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|
16,557 |
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— |
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Total short-term marketable securities |
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|
108,346 |
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12,269 |
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|
96,077 |
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— |
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Long-term marketable securities: |
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Corporate debt securities |
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1,631 |
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— |
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1,631 |
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— |
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U.S. treasuries |
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|
2,986 |
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|
2,986 |
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— |
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— |
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Total long-term marketable securities |
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4,617 |
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2,986 |
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|
1,631 |
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— |
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Total |
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$ |
194,275 |
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$ |
94,536 |
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$ |
99,739 |
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$ |
— |
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December 31, 2020 |
|
Description |
|
Total |
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|
Level 1 |
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Level 2 |
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Level 3 |
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Cash equivalents: |
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Money market funds |
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$ |
36,801 |
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$ |
36,801 |
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$ |
— |
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$ |
— |
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Total cash equivalents |
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36,801 |
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|
36,801 |
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— |
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— |
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Short-term marketable securities: |
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|
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US treasuries |
|
|
1,002 |
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|
|
1,002 |
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|
|
— |
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|
|
— |
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Total short-term marketable securities |
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|
1,002 |
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|
1,002 |
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— |
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— |
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Total |
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$ |
37,803 |
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$ |
37,803 |
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$ |
— |
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$ |
— |
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