Fair value measurement (Tables)

9 Months Ended

Sep. 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):

	September 30, 2024
	Level	Amortized Cost		Unrealized Gain		Unrealized Loss		Fair Value
Cash equivalents:
Money market funds	1	$	72,878	$	—	$	—	$	72,878
U.S. treasury securities	2		79,760		20		—		79,780
Marketable securities:
U.S. treasury securities	2		84,512		50		—		84,562
Total financial assets		$	237,150	$	70	$	—	$	237,220
	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