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Cash and cash equivalents (Tables) | 12 Months Ended
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Dec. 31, 2023
Cash and cash equivalents [abstract] |
Summary of Cash and Cash Equivalents | The following table presents the allocation between the Company’s cash and cash equivalents (in USD thousands):
| December 31,
| 2023 |  | 2022
Bank balances | $ | 16,068 |  |  | $ | 25,820 |
Total cash | $ | 16,068 |  |  | $ | 25,820 |
Money market funds | $ | 60,683 |  |  | $ | 85,252 |
Term deposits less than 3 months | $ | 46,500 |  |  | $ | 50,233 |
Total cash equivalents | $ | 107,183 |  |  | $ | 135,485 |
Cash and cash equivalents | $ | 123,251 |  |  | $ | 161,305 |

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