v3.25.2
Note 3 - Fair Value Measurements
 6 Months Ended
Jun. 30, 2025
Notes to Financial Statements  
Fair Value Disclosures [Text Block]

3.

Fair Value Measurements

 

The following tables represent the Company’s financial assets that are measured at fair value on a recurring basis and indicate the level of the fair value hierarchy utilized to determine such fair values (in thousands):

 

    Fair Value Measurements as of June 30, 2025 (000's):  
   

Quoted Prices in
Active Markets for
Identical Assets
(Level 1)

    

Significant Other
Observable
Inputs
(Level 2)

    

Significant
Unobservable
Inputs
(Level 3)

    

Fair Value

  

Assets

                                

Corporate bonds

   $ —     $ 61,175     $ —     $ 61,175  

Commercial paper

     9,415       —       —       9,415  

Certificates of deposit

     —       918       —       918  

U.S. government treasuries

     2,734       —       —       2,734  

Asset-backed securities

     —       3,851       —       3,851  

Money market funds (cash equivalents)

     3,730       —       —       3,730  

Total assets

   $ 15,879     $ 65,944     $ —     $ 81,823  

 

   

Fair Value Measurements as of December 31, 2024 (000's):

  
   

Quoted Prices in
Active Markets for
Identical Assets
(Level 1)

    

Significant Other
Observable
Inputs
(Level 2)

    

Significant
Unobservable
Inputs
(Level 3)

    

Fair Value

  

Assets

                                

Corporate bonds

   $ —     $ 44,963     $ —     $ 44,963  

Commercial paper

     12,084       —       —       12,084  

Certificates of deposit

     —       15,269       —       15,269  

U.S. government treasuries

     4,399       —       —       4,399  

Asset-backed securities

     —       6,524       —       6,524  

Money market funds (cash equivalents)

     23,880       —       —       23,880  

Total assets

   $ 40,363     $ 66,756     $ —     $ 107,119