Quarterly report pursuant to Section 13 or 15(d)

FAIR VALUE OF FINANCIAL ASSETS AND LIABILITIES (Tables)

FAIR VALUE OF FINANCIAL ASSETS AND LIABILITIES (Tables)

9 Months Ended

Sep. 30, 2024

SCHEDULE OF ASSETS AND LIABILITIES MEASURED AT FAIR VALUE ON RECURRING BASIS

September 30, 2024 (in thousands):


	Level 1		Level 2		Level 3		Total

Assets:
Cash equivalents:
Money market funds	$	14,164	$	—	$	—	$	14,164
Corporate debt securities		—		1,724		—		1,724
Investments:
U.S. Treasury securities		—		8,498		—		8,498
U.S. government agency securities		—		27,614		—		27,614
Corporate debt securities		—		103,827		—		103,827
	$	14,164	$	141,663	$	—	$	155,827

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 utilized to determine such fair values as of December 31, 2023 (in thousands):


	Level 1		Level 2		Level 3		Total

Assets:
Cash Equivalents:
Money market funds	$	7,833	$	—	$	—	$	7,833
Corporate debt securities		—		1,862		—		1,862
Investments:
Corporate debt securities		—		7,182		—		7,182
	$	7,833	$	9,044	$	—	$	16,877

Liabilities:
Derivative liabilities	$	—	$	—	$	39	$	39