Fair value measurement (Tables)

6 Months Ended

Jun. 30, 2024

Fair value measurement

Schedule of financial assets measured at fair value on a recurring basis

The following tables summarize the Company’s financial assets measured at fair value on a recurring basis by level within the fair value hierarchy (in thousands):

	June 30, 2024
	Level	Amortized Cost		Unrealized Gain		Unrealized Loss		Fair Value
Cash equivalents:
Money market funds	1	$	24,259	$	—	$	—	$	24,259
U.S. treasury securities	2		139,183		1		(1)		139,183
Marketable securities:
U.S. treasury securities	2		113,019		3		(1)		113,021
Total financial assets		$	276,461	$	4	$	(2)	$	276,463
	December 31, 2023
	Level	Amortized Cost		Unrealized Gain		Unrealized Loss		Fair Value
Cash equivalents:
Money market funds	1	$	73,988	$	—	$	—	$	73,988
U.S. treasury securities	2		22,993		—		—		22,993
Marketable securities:
U.S. treasury securities	2		39,441		22		—		39,463
Total financial assets		$	136,422	$	22	$	—	$	136,444