v3.25.2
Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2025
Fair Value Disclosures [Abstract]  
Summary of Valuation of the Company's Investments by Fair Value Hierarchy

The following tables summarize the valuation of the Company’s investments by the fair value hierarchy:

 

 

June 30, 2025

 

 

 

Level I

 

 

Level II

 

 

Level III

 

 

Total

 

Treasury Securities

 

$

 

 

$

103,767

 

 

$

 

 

$

103,767

 

Money Market Funds

 

 

 

 

 

75,422

 

 

 

 

 

 

75,422

 

Total

 

$

 

 

$

179,189

 

 

$

 

 

$

179,189

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2024

 

 

 

Level I

 

 

Level II

 

 

Level III

 

 

Total

 

Treasury Securities

 

$

 

 

$

62,912

 

 

$

 

 

$

62,912

 

Money Market Funds

 

 

 

 

 

100,726

 

 

 

 

 

 

100,726

 

Total

 

$

 

 

$

163,638

 

 

$

 

 

$

163,638