Fair Value Measurements

3 Months Ended

Mar. 31, 2025

Fair Value Disclosures [Abstract]

Fair Value Measurements

Note 5 – Fair Value Measurements

The table and disclosures for the periods presented below (in thousands) present the Company’s assets and liabilities measured at fair value on a recurring basis and indicate the fair value hierarchy of the valuation techniques utilized by the Company to determine such fair value. The Company did not have any assets or liabilities measured at fair value on a recurring basis within Level 3 fair value measurements.

	As of March 31, 2025
	Level I		Level II		Total
Money market securities	$	20,001		—	$	20,001
U.S. Treasury securities		—		201,341		201,341
Total assets at fair value	$	20,001	$	201,341	$	221,342

	As of December 31, 2024
	Level I		Level II		Total
Money market securities	$	9,228		—	$	9,228
U.S. Treasury securities		—		220,517		220,517
Total assets at fair value	$	9,228	$	220,517	$	229,745