The following tables present information about the Company’s assets and liabilities that are measured at fair value on a recurring basis as of March 31, 2025 and December 31, 2024, and indicate the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value.


	As of March 31, 2025
(in thousands)	Level 1		Level 2		Level 3		Total
Assets
Cash, cash equivalents, and restricted cash:
Money market funds	$	285,638	$	—	$	—	$	285,638
Liabilities
Warrant liability — Private Placement Warrants	$	—	$	—	$	139	$	139


	As of December 31, 2024
(in thousands)	Level 1		Level 2		Level 3		Total
Assets
Cash, cash equivalents, and restricted cash:
Money market funds	$	284,462	$	—	$	—	$	284,462
Liabilities
Warrant liability — Private Placement Warrants	$	—	$	—	$	488	$	488