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Fair Value Measurements
9 Months Ended
Sep. 30, 2025
Fair Value Disclosures [Abstract]  
Fair Value Measurements Fair Value Measurements
As of September 30, 2025 and December 31, 2024, the recorded values of cash and cash equivalents, restricted cash, accounts receivable and accounts payable approximate their respective fair values due to the short-term nature of the instruments.

Cash and money market funds are classified within Level 1 of the fair value hierarchy. Highly liquid investments such as commercial papers and corporate bonds are classified within Level 2 of the fair value hierarchy.

Assets measured at fair value on a recurring basis consisted of the following as of September 30, 2025 and December 31, 2024:

Fair Value Measurements as of September 30, 2025
Level 1Level 2Level 3Total
Assets:
Cash equivalents:
Money market funds$200,108 $— $— $200,108 
Total assets$200,108 $— $— $200,108 

Fair Value Measurements as of December 31, 2024
Level 1Level 2Level 3Total
Assets:
Cash equivalents:
Money market funds$251,948 $— $— $251,948 
Total assets$251,948 $— $— $251,948