Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2024

Fair Value Disclosures [Abstract]

Schedule of Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis

The following tables present information about the Company’s financial assets and liabilities measured at fair value on a recurring basis and indicate the level of the fair value hierarchy used to determine such fair values (in thousands):

	September 30, 2024
	Total		Level 1		Level 2		Level 3
Assets:
Cash equivalents – money market funds	$	156,809	$	156,809	$	—	$	—
Total assets	$	156,809	$	156,809	$	—	$	—
Liabilities:
Trinity Term Loans	$	42,971	$	—	$	—	$	42,971
Success Fee Derivative liability		882		—		—		882
SSI Warrant liability		521		—		—		521
Total liabilities	$	44,374	$	—	$	—	$	44,374

	December 31, 2023
	Total		Level 1		Level 2		Level 3
Assets:
Cash equivalents – money market funds	$	142,425	$	142,425	$	—	$	—
Total assets	$	142,425	$	142,425	$	—	$	—
Liabilities:
Trinity Term Loans	$	40,508	$	—	$	—	$	40,508
Success Fee Derivative liability		800		—		—		800
SSI Warrant liability		454		—		—		454
Total liabilities	$	41,762	$	—	$	—	$	41,762