Quarterly report pursuant to Section 13 or 15(d)

FAIR VALUE (Tables)

v3.22.1
FAIR VALUE (Tables)
3 Months Ended
Mar. 31, 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):

Assets at Fair Value as of March 31, 2022

    

Level 1

    

Level 2

    

Level 3

    

Total

Money market funds

$

12,363

$

$

$

12,363

US treasury bills

35,170

35,170

Government-sponsored enterprise securities

 

 

15,559

 

 

15,559

Corporate bonds and commercial paper

 

 

40,357

 

 

40,357

Total

$

12,363

$

91,086

$

$

103,449

Assets at Fair Value as of December 31, 2021

    

Level 1

    

Level 2

    

Level 3

    

Total

Money market funds

$

6,842

$

$

$

6,842

US treasury bills

35,366

35,366

Government-sponsored enterprise securities

 

 

14,678

 

 

14,678

Corporate bonds and commercial paper

 

 

61,832

 

 

61,832

Total

$

6,842

$

111,876

$

$

118,718