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):

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Assets at Fair Value as of September 30, 2025

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Level 1

    

Level 2

    

Level 3

    

Total

Money market funds

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$

16,989

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$

—

​

$

—

​

$

16,989

US treasury bills

​

​

—

​

​

41,666

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​

—

​

​

41,666

Government-sponsored enterprise securities

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—

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18,651

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—

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18,651

Corporate bonds and commercial paper

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—

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48,728

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—

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48,728

Total

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$

16,989

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$

109,045

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$

—

​

$

126,034

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Assets at Fair Value as of December 31, 2024

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Level 1

    

Level 2

    

Level 3

    

Total

Money market funds

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$

16,386

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$

—

​

$

—

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$

16,386

US treasury bills

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​

—

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​

7,263

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​

—

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​

7,263

Government-sponsored enterprise securities

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—

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23,177

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—

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23,177

Corporate bonds and commercial paper

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—

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10,360

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—

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10,360

Total

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$

16,386

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$

40,800

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$

—

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$

57,186

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