Quarterly report [Sections 13 or 15(d)]

FAIR VALUE OF FINANCIAL ASSETS AND LIABILITIES (Tables)

FAIR VALUE OF FINANCIAL ASSETS AND LIABILITIES (Tables)

3 Months Ended

Mar. 31, 2024

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

The following table presents 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 March 31, 2025 (in thousands):


	Level 1		Level 2		Level 3		Total

Assets:
Cash equivalents:
Money market funds	$	15,394	$	—	$	—	$	15,394
Corporate debt securities		—		1,151		—		1,151
Investments:
U.S. Treasury securities		—		7,541		—		7,541
U.S. government agency securities		—		17,680		—		17,680
Commercial paper		—		4,404		—		4,404
Corporate debt securities		—		84,262		—		84,262
	$	15,394	$	115,038	$	—	$	130,432


	Level 1		Level 2		Level 3		Total

Assets:
Cash Equivalents:
Money market funds	$	12,151	$	—	$	—	$	12,151
Investments:
U.S. Treasury securities		—		9,467		—		9,467
U.S. government agency securities		—		22,093		—		22,093
Corporate debt securities		—		100,304		—		100,304
	$	12,151	$	131,864	$	—	$	144,015