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Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2024
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

We measure cash, cash equivalents and short-term investments at fair value on a recurring basis. The fair values of such assets were as follows (in thousands):

 

 

 

 

 

 

Fair Value Measurements at Reporting Date Using

 

 

 

Balance at
March 31,
2024

 

 

Quoted Prices
in Active
Markets for
Identical
Assets
(Level 1)

 

 

Significant
Other
Observable
Inputs
(Level 2)

 

 

Significant
Unobservable
Inputs
(Level 3)

 

Cash and money market funds

 

$

15,271

 

 

$

15,271

 

 

$

 

 

$

 

U.S. Treasury bills and government agency obligations

 

 

40,527

 

 

 

40,527

 

 

 

 

 

 

 

U.S. corporate debt securities

 

 

11,476

 

 

 

 

 

 

11,476

 

 

 

 

Foreign corporate debt securities

 

 

4,250

 

 

 

 

 

 

4,250

 

 

 

 

Total

 

$

71,524

 

 

$

55,798

 

 

$

15,726

 

 

$

 

 

 

 

 

 

 

Fair Value Measurements at Reporting Date Using

 

 

 

Balance at
December 31,
2023

 

 

Quoted Prices
in Active
Markets for
Identical
Assets
(Level 1)

 

 

Significant
Other
Observable
Inputs
(Level 2)

 

 

Significant
Unobservable
Inputs
(Level 3)

 

Cash and money market funds

 

$

23,441

 

 

$

23,441

 

 

$

 

 

$

 

U.S. Treasury bills and government agency obligations

 

 

31,636

 

 

 

31,636

 

 

 

 

 

 

 

U.S. corporate debt securities

 

 

16,889

 

 

 

 

 

 

16,889

 

 

 

 

Foreign corporate debt securities

 

 

5,460

 

 

 

 

 

 

5,460

 

 

 

 

U.S. commercial paper

 

 

1,990

 

 

 

 

 

 

1,990

 

 

 

 

Foreign commercial paper

 

 

993

 

 

 

 

 

 

993

 

 

 

 

Total

 

$

80,409

 

 

$

55,077

 

 

$

25,332

 

 

$