Fair value measurements (Tables)

12 Months Ended

Dec. 31, 2023

Fair Value Disclosures [Abstract]

Assets measured at fair value on recurring basis

The Company’s assets that are measured at fair value on a recurring basis within the fair value hierarchy are summarized as follows:

	December 31, 2023						December 31, 2022
(in thousands)	Level 1		Level 2		Total		Level 1		Level 2		Total
Cash equivalents (1):
Money market funds	$	152,760	$	—	$	152,760	$	138,394	$	—	$	138,394
Total cash equivalents	$	152,760	$	—	$	152,760	$	138,394	$	—	$	138,394
Marketable securities:
U.S. treasury securities	$	—	$	7,962	$	7,962	$	—	$	14,716	$	14,716
Commercial paper	—		7,942		7,942		—		87,436		87,436
Corporate debt securities	—		3,978		3,978		—		29,637		29,637
Government securities	—		3,985		3,985		—		11,813		11,813
Total marketable securities	$	—	$	23,867	$	23,867	$	—	$	143,602	$	143,602

(1)    Included in cash and cash equivalents in the accompanying Consolidated Balance Sheets. Cash balances were $69.9 million and $85.3 million as of December 31, 2023 and 2022, respectively.