XML 27 R21.htm IDEA: XBRL DOCUMENT v3.25.1
Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2025
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,
2025

 

 

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

 

$

15,087

 

 

$

15,087

 

 

$

 

 

$

 

U.S. Treasury bills and government agency obligations

 

 

21,049

 

 

 

21,049

 

 

 

 

 

 

 

U.S. corporate debt securities

 

 

8,224

 

 

 

 

 

 

8,224

 

 

 

 

Foreign corporate debt securities

 

 

4,738

 

 

 

 

 

 

4,738

 

 

 

 

Foreign commercial paper

 

 

893

 

 

 

 

 

 

893

 

 

 

 

U.S. commercial paper

 

 

688

 

 

 

 

 

 

688

 

 

 

 

Total

 

$

50,679

 

 

$

36,136

 

 

$

14,543

 

 

$

 

 

 

 

 

 

 

Fair Value Measurements at Reporting Date Using

 

 

 

Balance at
December 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

 

$

23,860

 

 

$

23,860

 

 

$

 

 

$

 

U.S. Treasury bills and government agency obligations

 

 

14,868

 

 

 

14,868

 

 

 

 

 

 

 

U.S. corporate debt securities

 

 

13,644

 

 

 

 

 

 

13,644

 

 

 

 

Foreign corporate debt securities

 

 

5,913

 

 

 

 

 

 

5,913

 

 

 

 

Foreign commercial paper

 

 

998

 

 

 

 

 

 

998

 

 

 

 

Total

 

$

59,283

 

 

$

38,728

 

 

$

20,555

 

 

$