Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2023

Fair Value Measurements

Schedule of fair value of financial assets

The following tables present the fair value of the Company’s financial assets determined using the inputs defined above (in thousands):

	December 31, 2023
	Level 1		Level 2		Level 3		Total
Assets:
Money market funds	$	19,212	$	—	$	—	$	19,212
Certificates of deposit		—		13,004		—		13,004
Commercial paper		—		130,296		—		130,296
Corporate debt securities		—		7,672		—		7,672
U.S. Treasury and agency securities		—		145,085		—		145,085
Total financial assets	$	19,212	$	296,057	$	—	$	315,269

	December 31, 2022
	Level 1		Level 2		Level 3		Total
Assets:
Money market funds	$	54,292	$	—	$	—	$	54,292
Commercial paper		—		110,227		—		110,227
Corporate debt securities		—		10,741		—		10,741
U.S. Treasury and agency securities		—		57,242		—		57,242
Total financial assets	$	54,292	$	178,210	$	—	$	232,502