Quarterly report [Sections 13 or 15(d)]

Fair value measurements (Tables)

v3.25.1
Fair value measurements (Tables)
3 Months Ended
Mar. 31, 2025
Fair value measurements  
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 March 31, 2025 are as follows (in thousands):

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Fair value measurements using

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March 31, 

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Level 1

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Level 2

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Level 3

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2025

    

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Assets classified as cash equivalents:

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U.S. Treasury securities

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$

6,988

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$

—

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$

6,988

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$

—

Corporate debt securities

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2,205

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2,205

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—

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—

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$

9,193

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$

2,205

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$

6,988

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$

—

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Assets classified as available-for-sale debt securities:

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Corporate debt securities

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6,580

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6,580

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—

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—

U.S. Treasury securities

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11,929

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—

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11,929

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—

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$

18,509

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$

6,580

 

$

11,929

 

$

—