XML 49 R35.htm IDEA: XBRL DOCUMENT v3.25.0.1
Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2024
Fair Value, Nonrecurring [Member]  
Schedule of Financial Instruments and the Related Fair Value Hierarchy of the Valuation Techniques Utilized

The following table presents the fair value of the Company’s financial instruments that are measured at fair value measurement on a recurring basis as of December 31, 2024 and 2023 (in thousands):

 

 

 

December 31, 2024

 

Balance Sheet Classification:

Type of Instrument

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Financial Assets:

 

 

 

 

 

 

 

 

 

 

 

 

Cash and cash equivalents:

Money market funds

$

276,868

 

 

$

 

 

$

 

 

$

276,868

 

Total Financial Assets

 

$

276,868

 

 

$

 

 

$

 

 

$

276,868

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

Balance Sheet Classification:

Type of Instrument

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Financial Assets:

 

 

 

 

 

 

 

 

 

 

 

 

Cash and cash equivalents:

Money market funds

$

276,391

 

 

$

 

 

$

 

 

$

276,391

 

Total Financial Assets

 

$

276,391

 

 

$

 

 

$

 

 

$

276,391