The Company’s assets measured at fair value on a recurring basis consisted of the following (in thousands):


	Fair value measured at June 30, 2025
	Quoted prices in active markets (Level 1)		Significant other observable inputs (Level 2)		Significant unobservable inputs (Level 3)		Total
Financial assets at fair value:
Cash and cash equivalents
Money market securities and time deposits	$	233,120	$	—	$	—	$	233,120
Total financial assets at fair value	$	233,120	$	—	$	—	$	233,120


	Fair value measured at December 31, 2024
	Quoted prices in active markets (Level 1)		Significant other observable inputs (Level 2)		Significant unobservable inputs (Level 3)		Total
Financial assets at fair value:
Cash and cash equivalents
Money market securities	$	111,130	$	—	$	—	$	111,130
Total financial assets at fair value	$	111,130	$	—	$	—	$	111,130