Fair Value Measurement (Tables)

6 Months Ended

Jun. 30, 2024

Fair Value Disclosures [Abstract]

Summary of financial assets measured at fair value on recurring basis

The following tables present information about the Company’s financial assets measured at fair value on a recurring basis as of June 30, 2024 and December 31, 2023, and indicate the fair value hierarchy of the valuation inputs utilized to determine such fair value (in thousands):

	June 30, 2024
	Level 1		Level 2		Level 3		Total
Cash equivalents:
Money market funds	$	10,931	$	—	$	—	$	10,931
Marketable Securities:
Corporate securities	—		53,073		—		53,073
U.S. treasury and agency securities	497		4,105		—		4,602
Total financial assets	$	11,428	$	57,178	$	—	$	68,606

	December 31, 2023
	Level 1		Level 2		Level 3		Total
Cash equivalents:
Money market funds	$	22,433	$	—	$	—	$	22,433
Corporate securities	—		1,212		—		1,212
Marketable Securities:
Corporate securities	—		198,380		—		198,380
U.S. treasury and agency securities	20,064		10,317		—		30,381
Total financial assets	$	42,497	$	209,909	$	—	$	252,406