Quarterly report [Sections 13 or 15(d)]

FAIR VALUE (Tables)

v3.25.3
FAIR VALUE (Tables)
9 Months Ended
Sep. 30, 2025
FAIR VALUE  
Schedule of financial assets measured at fair value on a recurring basis

The table below summarizes the fair value of our cash equivalents and short-term investments measured at fair value on a recurring basis, and are categorized based upon the lowest level of significant input to the valuations (in thousands):

Assets at Fair Value as of September 30, 2025

    

Level 1

    

Level 2

    

Level 3

    

Total

Money market funds

$

16,989

$

$

$

16,989

US treasury bills

41,666

41,666

Government-sponsored enterprise securities

 

 

18,651

 

 

18,651

Corporate bonds and commercial paper

 

 

48,728

 

 

48,728

Total

$

16,989

$

109,045

$

$

126,034

Assets at Fair Value as of December 31, 2024

    

Level 1

    

Level 2

    

Level 3

    

Total

Money market funds

$

16,386

$

$

$

16,386

US treasury bills

7,263

7,263

Government-sponsored enterprise securities

 

 

23,177

 

 

23,177

Corporate bonds and commercial paper

 

 

10,360

 

 

10,360

Total

$

16,386

$

40,800

$

$

57,186