XML 47 R32.htm IDEA: XBRL DOCUMENT v3.25.1
Fair Value of Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2024
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis
The following table provides information by level for the Company’s assets and liabilities that were measured at fair value on a recurring basis (in thousands):
December 31, 2024
Level 1Level 2Level 3Total
Assets
Cash and cash equivalents:
Money market funds$24,740 $— $— $24,740 
Short-term investments:
Commercial paper— 56,886 — 56,886 
Corporate debt and U.S. government agency securities— 69,594 — 69,594 
Total short-term investments— 126,480 — 126,480 
Total financial assets$24,740 $126,480 $— $151,220 
Liabilities
Warrant liabilities$— $— $126 $126 
Total financial liabilities$— $— $126 $126 
December 31, 2023
Level 1Level 2Level 3Total
Assets
Cash and cash equivalents:
Money market funds$7,354 $— $— $7,354 
Commercial paper— 2,989 — 2,989 
Short-term investments:
Commercial paper— 80,620 — 80,620 
Corporate debt and U.S. government agency securities— 58,538 — 58,538 
Total short-term investments— 139,158 — 139,158 
Total financial assets$7,354 $142,147 $— $149,501 
Liabilities
Warrant liabilities$— $— $229 $229 
Total financial liabilities$— $— $229 $229