XML 121 R85.htm IDEA: XBRL DOCUMENT v3.25.1
Fair Value Measurements - Schedule of Financial Assets and Liabilities Subject to Fair Value Measurements on a Recurring Basis and the Level of Inputs Used (Details) - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Assets:    
Marketable investments $ 112,947 $ 144,566
Liabilities:    
Private Warrants 0 1,069
U.S. treasury securities    
Assets:    
Marketable investments 10,955 86,784
U.S. agency and government sponsored securities    
Assets:    
Marketable investments   2,732
Certificate of deposits    
Assets:    
Marketable investments 1,561  
Corporate bonds    
Assets:    
Marketable investments 81,357 44,906
Fair Value, Recurring    
Assets:    
Total cash equivalents 34,015 103,436
Marketable equity investments 3,165 7,755
Total marketable investments 99,827 150,727
Liabilities:    
Derivative liability (9,410)  
Total warrant liabilities (9,410) (1,069)
Fair Value, Recurring | Private Warrants    
Liabilities:    
Private Warrants   1,069
Fair Value, Recurring | U.S. treasury securities    
Assets:    
Marketable investments 5,436 86,784
Fair Value, Recurring | U.S. agency and government sponsored securities    
Assets:    
Marketable investments   2,732
Fair Value, Recurring | Certificate of deposits    
Assets:    
Marketable investments 1,561  
Fair Value, Recurring | Commercial paper    
Assets:    
Marketable investments 9,107 9,647
Fair Value, Recurring | Corporate bonds    
Assets:    
Marketable investments 80,558 43,809
Fair Value, Recurring | Money market funds    
Assets:    
Total cash equivalents 17,730 101,842
Fair Value, Recurring | U.S. treasury securities    
Assets:    
Total cash equivalents 5,519  
Fair Value, Recurring | Commercial paper    
Assets:    
Total cash equivalents 9,967 497
Fair Value, Recurring | Corporate bonds    
Assets:    
Total cash equivalents 799 1,097
Level 1 | Fair Value, Recurring    
Assets:    
Total cash equivalents 23,249 101,842
Marketable equity investments 3,165 7,755
Total marketable investments 8,601 94,539
Liabilities:    
Derivative liability 0  
Total warrant liabilities 0 0
Level 1 | Fair Value, Recurring | Private Warrants    
Liabilities:    
Private Warrants   0
Level 1 | Fair Value, Recurring | U.S. treasury securities    
Assets:    
Marketable investments 5,436 86,784
Level 1 | Fair Value, Recurring | U.S. agency and government sponsored securities    
Assets:    
Marketable investments   0
Level 1 | Fair Value, Recurring | Certificate of deposits    
Assets:    
Marketable investments 0  
Level 1 | Fair Value, Recurring | Commercial paper    
Assets:    
Marketable investments 0 0
Level 1 | Fair Value, Recurring | Corporate bonds    
Assets:    
Marketable investments 0 0
Level 1 | Fair Value, Recurring | Money market funds    
Assets:    
Total cash equivalents 17,730 101,842
Level 1 | Fair Value, Recurring | U.S. treasury securities    
Assets:    
Total cash equivalents 5,519  
Level 1 | Fair Value, Recurring | Commercial paper    
Assets:    
Total cash equivalents 0 0
Level 1 | Fair Value, Recurring | Corporate bonds    
Assets:    
Total cash equivalents 0 0
Level 2 | Fair Value, Recurring    
Assets:    
Total cash equivalents 10,766 1,594
Marketable equity investments 0 0
Total marketable investments 91,226 56,188
Liabilities:    
Derivative liability 0  
Total warrant liabilities 0 0
Level 2 | Fair Value, Recurring | Private Warrants    
Liabilities:    
Private Warrants   0
Level 2 | Fair Value, Recurring | U.S. treasury securities    
Assets:    
Marketable investments 0 0
Level 2 | Fair Value, Recurring | U.S. agency and government sponsored securities    
Assets:    
Marketable investments   2,732
Level 2 | Fair Value, Recurring | Certificate of deposits    
Assets:    
Marketable investments 1,561  
Level 2 | Fair Value, Recurring | Commercial paper    
Assets:    
Marketable investments 9,107 9,647
Level 2 | Fair Value, Recurring | Corporate bonds    
Assets:    
Marketable investments 80,558 43,809
Level 2 | Fair Value, Recurring | Money market funds    
Assets:    
Total cash equivalents 0 0
Level 2 | Fair Value, Recurring | U.S. treasury securities    
Assets:    
Total cash equivalents 0  
Level 2 | Fair Value, Recurring | Commercial paper    
Assets:    
Total cash equivalents 9,967 497
Level 2 | Fair Value, Recurring | Corporate bonds    
Assets:    
Total cash equivalents 799 1,097
Level 3 | Fair Value, Recurring    
Assets:    
Total cash equivalents 0 0
Marketable equity investments 0 0
Total marketable investments 0 0
Liabilities:    
Derivative liability (9,410)  
Total warrant liabilities (9,410) (1,069)
Level 3 | Fair Value, Recurring | Private Warrants    
Liabilities:    
Private Warrants   1,069
Level 3 | Fair Value, Recurring | U.S. treasury securities    
Assets:    
Marketable investments 0 0
Level 3 | Fair Value, Recurring | U.S. agency and government sponsored securities    
Assets:    
Marketable investments   0
Level 3 | Fair Value, Recurring | Certificate of deposits    
Assets:    
Marketable investments 0  
Level 3 | Fair Value, Recurring | Commercial paper    
Assets:    
Marketable investments 0 0
Level 3 | Fair Value, Recurring | Corporate bonds    
Assets:    
Marketable investments 0 0
Level 3 | Fair Value, Recurring | Money market funds    
Assets:    
Total cash equivalents 0 0
Level 3 | Fair Value, Recurring | U.S. treasury securities    
Assets:    
Total cash equivalents 0  
Level 3 | Fair Value, Recurring | Commercial paper    
Assets:    
Total cash equivalents 0 0
Level 3 | Fair Value, Recurring | Corporate bonds    
Assets:    
Total cash equivalents $ 0 $ 0