v3.25.2
Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2025
Fair Value Measurements  
Schedule of Fair Value Assets and Liabilities Measured on Recurring Basis

The Company’s assets measured at fair value on a recurring basis as of December 31, 2024 consisted of the following (in thousands):

Fair Value Measurement at December 31, 2024

    

Total

    

Level 1

    

Level 2

    

Level 3

Assets:

Cash equivalents - money market funds

$

27,279

$

27,279

$

$

Short-term investments

 

94,965

 

 

94,965

 

Total

$

122,244

$

27,279

$

94,965

$

Schedule of Short Term Investments

Short-term investments with quoted prices as of December 31, 2024 as shown below (in thousands):

December 31, 2024

Unrealized Gain

Unrealized Gain

Amortized Cost

Unrealized (Loss) Gain

Credit Loss

Market Value

United States treasury securities

    

$

21,375

    

$

16

    

$

    

$

21,391

Commercial paper and corporate debt securities

52,641

15

52,656

Asset backed securities

 

5,951

 

14

 

 

5,965

Agency debt securities

14,931

22

14,953

Total

$

94,898

$

67

$

$

94,965