v3.25.2
Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2025
Fair Value Disclosures [Abstract]  
Summary of Fair Value Hierarchy for Assets and Liabilities Measured at Fair Value on Recurring Basis

The following tables present the Company’s fair value hierarchy for assets measured at fair value on a recurring basis (in thousands):

 

 

 

Fair Value Measurements at June 30, 2025

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Cash equivalents:

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds

 

$

99,723

 

 

$

 

 

$

 

 

$

99,723

 

Total cash equivalents

 

 

99,723

 

 

 

 

 

 

 

 

 

99,723

 

Cash

 

 

4,442

 

 

 

 

 

 

 

 

 

4,442

 

Total cash and cash equivalents

 

$

104,165

 

 

$

 

 

$

 

 

$

104,165

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fair Value Measurements at December 31, 2024

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Cash equivalents:

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds

 

$

166,464

 

 

$

 

 

$

 

 

$

166,464

 

Total cash equivalents

 

 

166,464

 

 

 

 

 

 

 

 

 

166,464

 

Cash

 

 

1,610

 

 

 

 

 

 

 

 

 

1,610

 

Total cash and cash equivalents

 

$

168,074

 

 

$

 

 

$

 

 

$

168,074