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

$

$