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Fair Value Measurements
6 Months Ended
Jun. 30, 2024
Fair Value Disclosures [Abstract]  
Fair Value Measurements Fair Value Measurements
Assets measured at fair value on a recurring basis as of June 30, 2024 were as follows (in thousands):
June 30,
2024
Quoted Prices
in Active
Markets for
Identical Assets
(Level 1)
Significant
Other
Observable
Inputs
(Level 2)
Significant
Unobservable
Inputs
(Level 3)
Cash equivalents:
Money market funds$64,441 $64,441 $— $— 
Marketable securities:
Government agency securities39,820 — 39,820 — 
Corporate notes/bonds8,977 — 8,977 — 
U.S. Treasuries205,069 205,069 — — 
Restricted cash and other non-current assets:
Money market funds3,877 3,877 — — 
Total financial assets$322,184 $273,387 $48,797 $— 
Assets measured at fair value on a recurring basis as of December 31, 2023 were as follows (in thousands):
December 31,
2023
Quoted Prices
in Active
Markets for
Identical Assets
(Level 1)
Significant
Other
Observable
Inputs
(Level 2)
Significant
Unobservable
Inputs
(Level 3)
Cash equivalents:
Money market funds$123,652 $123,652 $— $— 
Marketable securities:
Government agency securities103,180 — 103,180 — 
Corporate notes/bonds30,834 — 30,834 — 
U.S. Treasuries169,469 169,469 — — 
Restricted cash and other non-current assets:
Money market funds3,877 3,877 — — 
Total financial assets$431,012 $296,998 $134,014 $—