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Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2025
Fair Value Disclosures [Abstract]  
Schedule of Assets and Liabilities, Measured at Fair Value
The following table summarizes the Company’s financial assets (cash equivalents and marketable securities) at fair value as of June 30, 2025 (in thousands):
Fair Value as of June 30, 2025
Basis for Fair Value Measurements
(Level 1)(Level 2) (Level 3)
Assets:
Money market funds, included in cash and cash equivalents$21,660 $21,660 $— $— 
Fixed income mutual fund, included in short-term investments39,284 39,284 — — 
Total$60,944 $60,944 $— $— 
The following table summarizes the Company’s financial assets (cash equivalents and marketable securities) at fair value as of December 31, 2024 (in thousands):
Fair Value as of December 31, 2024
Basis for Fair Value Measurements
(Level 1)(Level 2) (Level 3)
Assets:
Money market funds, included in cash and cash equivalents$13,349 $13,349 $— $— 
Fixed income mutual fund, included in short-term investments39,325 39,325 — — 
Total$52,674 $52,674 $— $—