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Fair Value of Financial Instruments (Tables)
6 Months Ended
Jun. 30, 2024
Fair Value Disclosures [Abstract]  
Schedule of Cash Equivalents and Short-term Investments Measured at Fair Value on Recurring Basis

Cash equivalents and short-term investments measured at fair value on a recurring basis at June 30, 2024 were as follows:

 

 

 

In Active
Markets for
Identical Assets
or Liabilities
(Level 1)

 

 

Significant
Other
Observable
Inputs
(Level 2)

 

 

Significant
Unobservable
Inputs
(Level 3)

 

 

Total

 

Cash equivalents

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds

 

 

4,754,628

 

 

$

 

 

$

 

 

$

4,754,628

 

 

 

$

4,754,628

 

 

$

 

 

$

 

 

$

4,754,628

 

Short-term investments

 

 

 

 

 

 

 

 

 

 

 

 

US government agency debt securities

 

 

 

 

 

499,705

 

 

 

 

 

 

499,705

 

Commercial paper

 

 

 

 

 

2,240,060

 

 

 

 

 

 

2,240,060

 

Corporate debt securities

 

 

 

 

 

396,036

 

 

 

 

 

 

396,036

 

 

 

$

 

 

$

3,135,801

 

 

$

 

 

$

3,135,801

 

 

Cash equivalents and short-term investments measured at fair value on a recurring basis at December 31, 2023 were as follows:

 

 

 

In Active
Markets for
Identical Assets
or Liabilities
(Level 1)

 

 

Significant
Other
Observable
Inputs
(Level 2)

 

 

Significant
Unobservable
Inputs
(Level 3)

 

 

Total

 

Money market funds

 

$

4,893,387

 

 

$

 

 

$

 

 

$

4,893,387

 

Commercial paper

 

 

 

 

$

746,762

 

 

 

 

 

$

746,762

 

Short-term investments

 

 

 

 

$

1,994,662

 

 

 

 

 

$

1,994,662