v3.24.2.u1

Fair Value Measurement (Tables) | 6 Months Ended
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Jun. 30, 2024
Fair Value Disclosures [Abstract] |
Schedule of Fair Value of Assets and Liabilities Measured on Recurring Basis | The following table sets forth the recurring fair value of the Company’s financial assets and liabilities, allocated into the Level 1, Level 2 and Level 3 hierarchy that were measured at fair value on a recurring basis (in thousands):
| Fair Value Measurements as of June 30, 2024
| Level 1 |  | Level 2 |  | Level 3 |  | Total
Assets: |  |  |  |  |  |  |
Money market funds (1) | $ | 36,820 |  |  | $ | — |  |  | $ | — |  |  | $ | 36,820 |
U.S. government treasury bills (2) | 28,942 |  |  | — |  |  | — |  |  | 28,942 |
Commercial paper | — |  |  | 3,536 |  |  | — |  |  | 3,536 |
Corporate bonds | — |  |  | 7,947 |  |  | — |  |  | 7,947 |
Total financial assets | $ | 65,762 |  |  | $ | 11,483 |  |  | $ | — |  |  | $ | 77,245 |
| Fair Value Measurements as of December 31, 2023
| Level 1 |  | Level 2 |  | Level 3 |  | Total
Assets: |  |  |  |  |  |  |
Money market funds (1) | $ | 61,034 |  |  | $ | — |  |  | $ | — |  |  | $ | 61,034 |
U.S. government treasury bills | 19,458 |  |  | — |  |  | — |  |  | 19,458 |
Commercial paper | — |  |  | 8,717 |  |  | — |  |  | 8,717 |
Corporate bonds (2) | — |  |  | 13,447 |  |  | — |  |  | 13,447 |
Government agency | — |  |  | 5,482 |  |  | — |  |  | 5,482 |
Total financial assets | $ | 80,492 |  |  | $ | 27,646 |  |  | $ | — |  |  | $ | 108,138 |
(1)Included in cash and cash equivalents in the accompanying condensed consolidated balance sheets. (2)Includes investments classified as cash and cash equivalents in the accompanying consolidated balance sheets.

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- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + Details
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