XML 35 R25.htm IDEA: XBRL DOCUMENT v3.25.1
Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2025
Fair Value Disclosures [Abstract]  
Fair Values of Financial Assets Measured on Recurring Basis

The fair values of the Company’s financial assets that are measured on a recurring basis are as follows (in thousands):

 

 

March 31, 2025

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Money market funds

 

$

8,063

 

 

$

 

 

$

 

 

$

8,063

 

Commercial paper

 

 

 

 

 

17,328

 

 

 

 

 

 

17,328

 

U.S. government bonds

 

 

 

 

 

6,488

 

 

 

 

 

 

6,488

 

Total

 

$

8,063

 

 

$

23,816

 

 

$

 

 

$

31,879

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2024

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Money market funds

 

$

28,241

 

 

$

 

 

$

 

 

$

28,241

 

Commercial paper

 

 

 

 

 

14,269

 

 

 

 

 

 

14,269

 

U.S. government bonds

 

 

2,987

 

 

 

2,981

 

 

 

 

 

 

5,968

 

Total

 

$

31,228

 

 

$

17,250

 

 

$

 

 

$

48,478