v3.26.1
Fair Value Measurements and Fair Value of Financial Instruments (Tables)
6 Months Ended
Jun. 30, 2026
Fair Value Disclosures [Abstract]  
Summary of Financial Instruments Measured at Fair Value on Recurring Basis

The following table sets forth the Company’s financial instruments that were measured at fair value on a recurring basis by level within the fair value hierarchy (in thousands):

 

 

 

Fair Value Measurements at June 30, 2026

 

 

 

Total

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

Cash equivalents

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds

 

$

56,842

 

 

$

56,842

 

 

$

 

 

$

 

Total fair value of assets

 

$

56,842

 

 

$

56,842

 

 

 

 

 

$

 

 

 

 

Fair Value Measurements at December 31, 2025

 

 

 

Total

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

Cash equivalents

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds

 

$

41,025

 

 

$

41,025

 

 

$

 

 

$

 

Total fair value of assets

 

$

41,025

 

 

$

41,025

 

 

$

 

 

$