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Fair Value Measurement (Tables)
12 Months Ended
Dec. 31, 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 December 31, 2024 and 2023, and indicate the fair value hierarchy of the valuation inputs utilized to determine such fair value (in thousands):
December 31, 2024
Level 1Level 2Level 3Total
Cash equivalents:
Money market funds$69,475 $— $— $69,475 
Marketable securities:
Corporate securities— 42,943 — 42,943 
U.S. treasury and agency securities— 3,093 — 3,093 
Total financial assets$69,475 $46,036 $— $115,511 
December 31, 2023
Level 1Level 2Level 3Total
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 securities20,064 10,317 — 30,381 
Total financial assets$42,497 $209,909 $— $252,406