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Fair Value Measurements (Table)
3 Months Ended
Mar. 31, 2024
Fair Value Disclosures [Abstract]  
Summary of Financial Assets and Liabilities Measured at Fair Value on Recurring Basis

Financial assets and liabilities measured at fair value on a recurring basis are summarized as follows (in thousands):

March 31, 2024

 

Level 1

 

Level 2

 

Level 3

 

Assets

 

 

 

 

 

 

Cash equivalents:

 

 

 

 

 

 

  Money market funds

$

57,712

 

$

 

$

 

  U.S. Treasury notes

 

 

 

264,004

 

 

 

Total

$

57,712

 

$

264,004

 

$

 

 

December 31, 2023

 

Level 1

 

 

Level 2

 

 

Level 3

 

Assets

 

 

 

 

 

 

Cash equivalents:

 

 

 

 

 

 

  Money market funds

$

55,001

 

$

 

$

 

  U.S. Treasury notes

 

 

 

255,419

 

 

 

Total

$

55,001

 

$

255,419

 

$