Annual report [Section 13 and 15(d), not S-K Item 405]

Financial instruments (Tables)

v3.25.1
Financial instruments (Tables)
12 Months Ended
Dec. 31, 2024
Financial instruments  
Summary of fair value of assets and liabilities on a recurring basis based on fair value measurement criteria

Assets and liabilities measured at fair value on a recurring basis based on Level 1, Level 2, and Level 3 fair value measurement criteria as of December 31, 2024 are as follows (in thousands):

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Fair value measurements using

​

​

December 31, 

​

Level 1

​

Level 2

​

Level 3

​

     

2024

    

​

​

    

​

​

    

​

​

Assets classified as cash equivalents:

​

​

​

​

​

​

​

​

​

​

​

​

U.S. Treasury securities

​

$

8,948

​

$

—

​

$

8,948

​

$

—

​

​

​

​

​

​

​

​

​

​

​

​

​

Assets classified as available-for-sale debt securities:

​

​

​

​

​

​

​

​

​

​

​

​

Agency bonds

​

$

7,015

​

$

—

​

$

7,015

​

$

—

Corporate debt securities

​

​

6,224

​

​

6,224

​

​

—

​

​

—

U.S. Treasury securities

​

​

47,227

​

​

—

​

​

47,227

​

​

—

​

 

$

60,466

​

$

6,224

 

$

54,242

 

$

—

​

Assets and liabilities measured at fair value on a recurring basis based on Level 1, Level 2, and Level 3 fair value measurement criteria as of December 31, 2023 are as follows (in thousands):

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Fair Value Measurements Using

​

​

December 31,

​

Level 1

​

Level 2

​

Level 3

​

​

2023

​

​

​

​

​

​

​

​

​

Assets classified as cash equivalents:

​

​

​

​

​

​

​

​

​

​

​

​

Corporate debt securities

​

$

1,600

​

$

1,600

​

$

—

​

$

—

​

​

​

​

​

​

​

​

​

​

​

​

​

Assets classified as available-for-sale debt securities:

​

​

​

​

​

​

​

​

​

Corporate debt securities

​

$

2,947

​

$

2,947

​

$

—

​

$

—

​