Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2024

Fair Value Disclosures [Abstract]

Schedule of valuation of the company's investments and financial instruments that are measured at fair value on a recurring basis

The following table summarizes the valuation of the Company’s financial instruments that are measured at fair value on a recurring basis:

	March 31, 2024								December 31, 2023
			Fair value measurement category								Fair value measurement category
(In thousands)	Total		Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3
Assets:
Money market funds	$	36,617	$	36,617	$	—	$	—	$	34,672	$	34,672	$	—	$	—
Commercial paper (a)	8,873		—		8,873		—		4,876		—		4,876		—
Corporate notes	56,606		—		56,606		—		47,159		—		47,159		—
U.S. government agency bonds (a)	10,684		—		10,684		—		13,971		—		13,971		—
U.S. government securities (a)	23,763		—		23,763		—		24,874		—		24,874		—
	$	136,543	$	36,617	$	99,926	$	—	$	125,552	$	34,672	$	90,880	$	—

(a) Approximately $1.5 million of commercial paper and $21.3 million of U.S. government securities had an original maturity of 90 days or less and is recorded as a cash equivalent as of March 31, 2024. Approximately $23.9 million of U.S. government securities and $1.2 million of commercial paper had an original maturity of 90 days or less and is recorded as a cash equivalent as of December 31, 2023.