Fair Value Measurement (Tables)

9 Months Ended

Sep. 30, 2024

Fair Value Disclosures [Abstract]

Schedule of Assets Measured at Fair Value on a Recurring Basis

Assets measured at fair value on a recurring basis consist of the following as of September 30, 2024 (in thousands):

			Fair Value Measurements at Reporting Date Using
	September 30, 2024		Quoted Prices in Active Markets for Identical Assets/Liabilities (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Assets:
Money market funds	$	102,754	$	102,754	$	—	$	—
U.S. treasury bills	29,860		29,860		—		—
Available-for-sale securities:
Corporate debt securities	1,990		—		1,990		—
Total assets at fair value on a recurring basis	$	134,604	$	132,614	$	1,990	$	—

Assets measured at fair value on a recurring basis consist of the following as of December 31, 2023 (in thousands):

			Fair Value Measurements at Reporting Date Using
	December 31, 2023		Quoted Prices in Active Markets for Identical Assets/Liabilities (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Assets:
Money market funds	$	92,231	$	92,231	$	—	$	—
U.S. treasury bills	5,000		5,000		—		—
Available-for-sale securities:
Tax-exempt municipal securities	9,913		—		9,913		—
Corporate debt securities	3,123		—		3,123		—
Total assets at fair value on a recurring basis	$	110,267	$	97,231	$	13,036	$	—