Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2023

Fair Value Disclosures [Abstract]

Schedule of Fair Value Assets and Liabilities Measured on Recurring Basis

The following tables summarize the Company’s assets measured at fair value on a recurring basis (in thousands):

	December 31, 2023
	Level 1		Level 2		Level 3		Total
Cash and cash equivalents:
Cash	$	16,184	$	-	$	-	$	16,184
Money market funds		49		-		-		49
Total cash and cash equivalents		16,233		-		-		16,233
Short-term investments:
U.S. Treasury securities		149,286		-		-		149,286
Corporate debt securities		-		8,253		-		8,253
Asset-backed securities		-		169		-		169
Total short-term investments		149,286		8,422		-		157,708
Total cash and cash equivalents and short-term investments	$	165,519	$	8,422	$	-	$	173,941

	December 31, 2022
	Level 1		Level 2		Level 3		Total
Cash and cash equivalents:
Cash	$	48,690	$	-	$	-	$	48,690
Money market funds		25,576		-		-		25,576
Total cash and cash equivalents		74,266		-		-		74,266
Short-term investments:
U.S. Treasury securities		62,532		-		-		62,532
Corporate debt securities		-		101,467		-		101,467
Asset-backed securities		-		6,311		-		6,311
Total short-term investments		62,532		107,778		-		170,310
Total cash and cash equivalents and short-term investments	$	136,798	$	107,778	$	-	$	244,576