Quarterly report pursuant to Section 13 or 15(d)

FAIR VALUE (Tables)

v3.23.2
FAIR VALUE (Tables)
6 Months Ended
Jun. 30, 2023
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 June 30, 2023

    

Level 1

    

Level 2

    

Level 3

    

Total

Money market funds

$

21,109

$

$

$

21,109

US treasury bills

8,953

8,953

Government-sponsored enterprise securities

 

 

15,584

 

 

15,584

Corporate bonds and commercial paper

 

 

9,917

 

 

9,917

Total

$

21,109

$

34,454

$

$

55,563

Assets at Fair Value as of December 31, 2022

    

Level 1

    

Level 2

    

Level 3

    

Total

Money market funds

$

4,155

$

$

$

4,155

US treasury bills

5,225

5,225

Government-sponsored enterprise securities

 

 

15,796

 

 

15,796

Corporate bonds and commercial paper

 

 

26,766

 

 

26,766

Total

$

4,155

$

47,787

$

$

51,942