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Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2025
Fair Value Measurements  
Schedule of assets and liabilities measured fair value on a recurring basis

The following tables present information about the Company’s financial assets and liabilities that have been measured at fair value and indicate the fair value hierarchy of the valuation inputs utilized to determine such fair value (in thousands):

As of March 31, 2025

Quoted Prices

Significant

Significant

in Active

Observable

Unobservable

Markets

Inputs

Inputs

    

(Level 1)

    

(Level 2)

    

(Level 3)

    

Total

Assets:

Cash and cash equivalents:

Money market funds

$

26,241

$

$

$

26,241

Short-term investments:

Treasury notes

109,365

109,365

Reverse repurchase agreements

90,000

90,000

Treasury bills

39,161

39,161

Corporate debt securities

2,153

2,153

Total

$

176,920

$

90,000

$

$

266,920

As of December 31, 2024

Quoted Prices

Significant

Significant

in Active

Observable

Unobservable

Markets

Inputs

Inputs

    

(Level 1)

    

(Level 2)

    

(Level 3)

    

Total

Assets:

Cash and cash equivalents:

Money market funds

$

30,610

$

$

$

30,610

Short-term investments:

Treasury notes

129,197

129,197

Reverse repurchase agreements

100,000

100,000

Treasury bills

39,115

39,115

Total

$

198,922

$

100,000

$

$

298,922