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Fair Value of Financial Instruments (Tables)
6 Months Ended
Jun. 30, 2024
Fair Value Disclosures [Abstract]  
Fair Value, Assets Measured on Recurring Basis
As of June 30, 2024 and December 31, 2023, financial assets measured at fair value on a recurring basis are categorized in the table below based upon the lowest level of significant input to the valuations (in thousands):
June 30, 2024
Level 1Level 2Level 3
Assets:
Money market funds$107,773 $— $— 
U.S. treasury notes42,870 — — 
Total$150,643 $— $— 
December 31, 2023
Level 1Level 2Level 3
Assets:
Money market funds$144,358 $— $— 
U.S. treasury notes48,947 — — 
Total$193,305 $— $—