Quarterly report pursuant to Section 13 or 15(d)

FAIR VALUE (Tables)

v3.22.2
FAIR VALUE (Tables)
6 Months Ended
Jun. 30, 2022
FAIR VALUE  
Schedule of financial assets measured at fair value on a recurring basis

The table below summarizes the fair value of our cash equivalents and short-term investments measured at fair value on a recurring basis, and are categorized based upon the lowest level of significant input to the valuations (in thousands):

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Assets at Fair Value as of June 30, 2022

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Level 1

    

Level 2

    

Level 3

    

Total

Money market funds

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$

19,434

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$

—

​

$

—

​

$

19,434

US treasury bills

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​

—

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​

28,098

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​

—

​

​

28,098

Government-sponsored enterprise securities

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—

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14,712

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—

​

 

14,712

Corporate bonds and commercial paper

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—

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24,651

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—

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24,651

Total

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$

19,434

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$

67,461

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$

—

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$

86,895

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​

​

​

​

​

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Assets at Fair Value as of December 31, 2021

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Level 1

    

Level 2

    

Level 3

    

Total

Money market funds

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$

6,842

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$

—

​

$

—

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$

6,842

US treasury bills

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​

—

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​

35,366

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​

—

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​

35,366

Government-sponsored enterprise securities

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—

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14,678

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—

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14,678

Corporate bonds and commercial paper

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—

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61,832

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—

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61,832

Total

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$

6,842

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$

111,876

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$

—

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$

118,718