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Fair Value Measurements and Short-Term Investments (Tables) | 12 Months Ended
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Dec. 31, 2023
Fair Value Disclosures [Abstract] |
Schedule of assets and liabilities measured at fair value on a recurring basis | The following tables sets forth the Company’s fair value hierarchy for its assets and liabilities that are measured at fair value on a recurring basis as of December 31, 2023 and 2022:
| Fair Value Measurements as of December 31, 2023
| Level 1 |  | Level 2 |  | Level 3 |  | Total
Cash equivalents: |  |  |  |  |  |  |
Money market funds | $ | 21,016 |  |  | $ | — |  |  | $ | — |  |  | $ | 21,016 |
U.S. Government treasury bills | — |  |  | 39,341 |  |  | — |  |  | 39,341 |
Short-term investments: |  |  |  |  |  |  |
U.S. Government treasury bills | — |  |  | 114,817 |  |  | — |  |  | 114,817 |
Total assets | $ | 21,016 |  |  | $ | 154,158 |  |  | $ | — |  |  | $ | 175,174 |
| Fair Value Measurements as of December 31, 2022
| Level 1 |  | Level 2 |  | Level 3 |  | Total
Cash equivalents: |  |  |  |  |  |  |
Money market funds | $ | 60,783 |  |  | $ | — |  |  | $ | — |  |  | $ | 60,783 |
U.S. Government treasury bills | — |  |  | 225,730 |  |  | — |  |  | 225,730 |
Total assets | $ | 60,783 |  |  | $ | 225,730 |  |  | $ | — |  |  | $ | 286,513 |
Schedule of short-term investments | The following table sets forth the Company’s short-term investments as of December 31, 2023, which have a contractual maturity of less than one year:
|  | December 31, 2023
|  | Amortized Cost |  | Gross Unrealized Gains |  | Gross Unrealized Losses |  | Credit Loss |  | Fair Value
Assets |  |  |  |  |  |  |  |  |  |
U.S. Government treasury bills |  | $ | 114,781 |  |  | $ | 36 |  |  | $ | — |  |  | $ | — |  |  | $ | 114,817 |
Total |  | $ | 114,781 |  |  | $ | 36 |  |  | $ | — |  |  | $ | — |  |  | $ | 114,817 |

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- Definition Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482106/820-10-50-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482106/820-10-50-2 + Details
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- Definition Tabular disclosure of the reconciliation of available-for-sale securities from cost basis to fair value. + References No definition available. + Details
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