v3.25.2
Fair Value of Financial Instruments and Non-Financial Instruments (Tables)
6 Months Ended
Jun. 30, 2025
Fair Value of Financial Instruments and Non-Financial Instruments  
Summary of assets measured at fair value on a recurring basis

Fair value measurement at

reporting date using

Quoted prices

 

in active

 

Significant

 

 

markets for

 

other

 

Significant

 

identical

 

observable

 

unobservable

 

assets

 

inputs

inputs

(in thousands)

    

(Level 1)

    

(Level 2)

    

(Level 3)

June 30, 2025:

 

  

 

  

 

  

Assets

 

  

 

  

 

  

Cash equivalents:

Money market funds

$

55,126

$

$

Total cash equivalents

55,126

Total financial assets

$

55,126

$

$

December 31, 2024:

Assets

 

  

 

  

 

  

Cash equivalents:

Money market funds

$

29,058

$

$

Commercial paper

4,988

Total cash equivalents

29,058

4,988

Marketable securities:

Certificates of deposit

5,971

Commercial paper

25,439

Corporate debt securities

1,865

U.S. government securities

5,908

Total marketable securities

39,183

Total financial assets

$

29,058

$

44,171

$