Fair Value Measurements of Financial Assets (Tables)

6 Months Ended

Jun. 30, 2024

Fair Value Measurements of Financial Assets

Schedule of fair value measurements of financial assets

The Company’s financial assets subject to fair value measurements on a recurring basis and the level of inputs used for such measurements were as follows (in thousands):

	As of June 30, 2024
	Level 1		Level 2		Level 3		Total
Cash Equivalents:
Money market funds	$	39,499	$	—	$	—	$	39,499
U.S. Government debt securities		—		2,370		—		2,370
Corporate debt securities		—		995		—		995
Total	$	39,499	$	3,365	$	—	$	42,864
Marketable Securities:
Corporate debt securities	$	—	$	22,714	$	—	$	22,714
Commercial paper		—		3,337		—		3,337
U.S. Government debt securities		—		25,351		—		25,351
Total	$	—	$	51,402	$	—	$	51,402

	As of December 31, 2023
	Level 1		Level 2		Level 3		Total
Cash Equivalents:
Money market funds	$	45,287	$	—	$	—	$	45,287
Total	$	45,287	$	—	$	—	$	45,287
Marketable Securities:
Corporate debt securities	$	—	$	4,571	$	—	$	4,571
Commercial paper		—		12,442		—		12,442
U.S. Government debt securities		—		16,839		—		16,839
Total	$	—	$	33,852	$	—	$	33,852