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Fair Value of Financial Assets
3 Months Ended
Mar. 31, 2025
Fair Value Disclosures [Abstract]  
Fair Value of Financial Assets

4. Fair Value of Financial Assets

The following tables present information about the Company’s assets that are measured at fair value on a recurring basis and indicate the level of the fair value hierarchy utilized to determine such fair values:

 

 

 

March 31, 2025

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Cash equivalents:

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds

 

$

59

 

 

$

 

 

$

 

 

$

59

 

Treasury bills

 

 

4,760

 

 

 

 

 

 

 

 

 

4,760

 

 

 

$

4,819

 

 

$

 

 

$

 

 

$

4,819

 

 

 

 

December 31, 2024

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Cash equivalents:

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds

 

$

2,539

 

 

$

 

 

$

 

 

$

2,539

 

Treasury bills

 

 

8,341

 

 

 

 

 

 

 

 

 

8,341

 

 

 

$

10,880

 

 

$

 

 

$

 

 

$

10,880

 

 

During the three months ended March 31, 2025 and the year ended December 31, 2024, there were no transfers between levels.