; ForgeRock, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Tables)

v3.22.2.2
Fair Value Measurements (Tables)
9 Months Ended
Sep. 30, 2022
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on a Recurring Basis
The following table represents the fair value hierarchy for the Company’s financial assets and liabilities held by value on a recurring basis (in thousands):
September 30, 2022
Level 1 Level 2 Level 3 Total
Assets:
Money market funds $ 107,201  $ —  $ —  $ 107,201 
     Total cash equivalents 107,201  —  —  107,201 
Commercial paper —  27,049  —  27,049 
Asset-backed securities —  17,367  —  17,367 
Corporate debt securities —  91,543  —  91,543 
U.S. treasury bonds —  68,012  —  68,012 
     Total short-term investments —  203,971  —  203,971 
     Total cash equivalents and short-term investments $ 107,201  $ 203,971  $ —  $ 311,172 
December 31, 2021
Level 1 Level 2 Level 3 Total
Assets:
Money market funds $ 98,333  $ —  $ —  $ 98,333 
Total cash equivalents 98,333  —  —  98,333 
Commercial paper —  78,448  —  78,448 
Asset-backed securities —  51,587  —  51,587 
Corporate debt securities —  85,084  —  85,084 
U.S. treasury bonds —  26,292  —  26,292 
Total short-term investments —  241,411  —  241,411 
Total cash equivalents and short-term investments $ 98,333  $ 241,411  $ —  $ 339,744